Latest Great East Energy (GASE) Headlines Gre
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Great East Energy Could Be Part of Ukraine's Solution to Energy Self Sufficiency From Russia
Marketwire - Thu Mar 06, 7:31AM CST
In light of the current crisis unfolding in Ukraine, Great East Energy's (OTCQB: GASE) recent acquisition of 162-square miles of producing clean energy assets looks like perfect timing as the nation looks to make energy self-sufficiency from Russia a priority now more than ever. Great East Energy's plan in Ukraine has always been to implement North American capital, industry knowledge, and technology in order to produce even more natural gas from its assets. This week an article at forbes.com suggested Ukraine needed just that, an American-style shale gas revolution.
Great East Energy Names International Energy Executive Herve Collet as Chief Operating Officer
Marketwire - Tue Mar 04, 11:49AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company") which controls over 160 square miles of producing clean energy holdings through two local operating companies, has named veteran energy executive Herve Collet as its Chief Operating Officer. "Herve brings over 40 years of experience in building drilling operations," said GASE CEO Timur Khromaev. "He has managed drilling operations from Canada to Costa Rica, from Mexico to Morocco, and importantly for GASE, in Middle Europe as well," Khromaev concluded. Mr. Collet brings specialized drilling experience in conventional and nonconventional production, including coal-bed methane.
Great East Energy Could See More Pipeline, More Customers and More Revenues With Larger Natural Gas Footprint
Marketwire - Thu Feb 27, 9:03AM CST
Great East Energy, Inc. (OTCQB: GASE) is just getting started in Ukraine with its natural gas footprint, and a recent injection of $1.49 million in private financing should allow the company to continue adding to its 162 square miles of producing clean energy assets. When Great East Energy acquired its current property in late 2013, it quickly added to its worth with built-in annual revenues and with property and equipment values.
Great East Energy Plans Expansion of Gas Holdings to 1,000 Square Miles
Marketwire - Tue Feb 25, 7:16AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company") which controls over 160 square miles of producing clean energy holdings through two local operating companies, has announced plans to increase its land holdings to up to 1,000 square miles. "In our first stage, we want to create the base for further rapid expansion," said GASE CEO Timur Khromaev in an interview with Stock Market Media Group. "Then, we plan to obtain greenfield licenses and acquire underperforming, existing operators that have room to grow, aiming at expansion of Great East Energy's area from 162 square miles to 1,000 square miles," he stated.
Great East Energy Investors Show Confidence With $1.49 Million at $1.00/Share
Marketwire - Thu Feb 20, 7:31AM CST
Great East Energy, Inc. (OTCQB: GASE) is currently priced at about $0.65/share which is $0.35/share lower than where a group of private equity shareholders with deep pockets put their money. Great East Energy received $1,490,000 in private financing from a group of confident investors who clearly see the company's acquisition of 162 square miles of producing clean energy assets in Ukraine leading to a very bright future.
Great East Energy Closes $1.49 Million in Outside Investment From Private Equity Shareholders
Marketwire - Tue Feb 18, 7:15AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company"), which controls over 160 square miles of producing clean energy holdings through two local operating companies, has announced the completion of private financings totalling USD $1,490,000 since going public. As filed with the SEC and on Form D, GASE has sold one-year hold restricted common stock to private investors priced at USD$1.00 per share. "Great East Energy will use the investment proceeds to further develop its estimated gross total reserves of 47 billion cubic feet (BCF) of natural gas in the GASE license area," said CEO Timur Khromaev.
Great East Energy Generating Revenues for Investors with Clean Energy Assets in Lucrative European Market
Marketwire - Thu Feb 13, 7:30AM CST
Great East Energy, Inc. (OTCQB: GASE) saw an opportunity to build an energy footprint in Europe's second largest country with regard to land mass, and completed a deal late in 2013 that has it controlling more than 160 square miles of producing clean energy assets in Ukraine. With it, the company immediately controlled more than just a large piece of property -- Great East Energy could now generate revenue in a lucrative energy market for its investors.
Great East Energy Benefits From European Gas Prices That Are Three Times Higher Than in the U.S.
Marketwire - Tue Feb 11, 7:15AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company"), which controls over 160 square miles of producing clean energy holdings through two local operating companies, is benefiting from the significant price gap between U.S. and Europe for natural gas. As reported in the Financial Times, "European gas import prices are at present about three times higher than in the U.S." Great East Energy with its estimated gross total reserves of 47 billion cubic feet (BCF) of natural gas in the GASE license area is currently selling its production to local customers at those higher rates.
Great East Energy Producing Gas Alongside Energy Giants Shell, Exxon Mobil and Chevron in Ukraine
Marketwire - Thu Feb 06, 7:30AM CST
Great East Energy, Inc.'s (OTCQB: GASE) latest Reserve Report only proves what the company already knew. This report estimates that Great East Energy is sitting on a significant amount natural gas. The report estimates there are gross total reserves of 47 billion cubic feet of natural gas in the company's licensed area in the Ukraine. This newly released opinion by petroleum geologist Barry Whelan, falls right in line with a report done by Marathon Oil back in 2007, so the company's investment in 160 square miles of producing clean energy land is looking pretty competitive.
Great East Energy Files Audited Financial Statements for Subsidiaries Producing and Selling Natural Gas
Marketwire - Tue Feb 04, 7:15AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company") which controls over 160 square miles of producing clean energy holdings through two local operating companies filed three years of audited financial statements and nine months of 2013 reviewed results for its subsidiaries NPK-KONTAKT and LISPROMGAZ, acquired in November 2013. Great East Energy with its estimated gross total reserves of 47 billion cubic feet (BCF) of natural gas in the GASE license area is currently selling its production to local customers at rates up to three times the U.S. price.
Great East Energy Reserve Report Shows 47 Billion Cubic Feet of Natural Gas Ready for Drilling and Production
Marketwire - Tue Jan 28, 7:00AM CST
Great East Energy, Inc. (OTCQB: GASE) (and the "Company") which controls over 160 square miles of producing European clean energy holdings through two local operating companies, is pleased to announce that it has been issued a Competent Person's Report with estimated gross total reserves of 47 billion cubic feet (BCF) of natural gas in the GASE license area.
Great East Energy's 162-Square Mile Properties Border Shell's Gas Fields
Marketwire - Tue Jan 21, 7:01AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company") which controls over 160 square miles of producing European clean energy holdings through two local operating companies, is pleased to provide an update on its strategic location next to global energy producer Shell.
Great East Energy Names Investor Relations Team for Its Natural Gas Production and Development Companies
Marketwire - Tue Jan 14, 7:02AM CST
Great East Energy, Inc. (OTCQB: GASE) (and the "Company") which controls over 160 square miles of producing European clean energy holdings through two local operating companies, has named two leading investor relations firms to the GASE professional advisory team. Lamnia International in Danbury, CT has been contracted to provide communications coordination for GASE's investor relations (IR) programs serving both retail and institutional shareholders and investors. Equisolve, LLC of Ft. Lauderdale, FL has been engaged by GASE to provide all aspects of a full-service, investor-facing website, including hosting infrastructure and a content management system. GASE is publically traded in the U.S. and is a fully-reporting company with the SEC whose wholly-owned subsidiary controls two companies which have been producing gas since 2003, own two gas processing facilities, and over eight miles of gas pipelines to their customers.
Great East Energy Promotes Timur Khromaev to CEO and Michael Doron to Chairman for Its Ukraine Natural Gas Production and Development Companies
Marketwire - Tue Jan 07, 7:02AM CST
Great East Energy, Inc. (OTCQB: GASE) ("GASE" and the "Company") which controls 420 square kilometers of producing European clean energy holdings through two local operating companies in Ukraine, is pleased to announce that it has promoted leading international financial and energy executive. Mr. Timur Khromaev to the post of CEO, and named Michael Doron as Chairman. GASE is publically traded in the U.S. and is a fully-reporting company with the SEC whose wholly-owned Cyprus-based subsidiary controls two Ukraine companies which have been producing gas since 2003, own two gas processing facilities, and 13.5 kilometers of gas pipelines to their customers.
Great East Energy Names International Financial Executives Umanskiy and Lanier to Advisory Board for Its Ukraine Natural Gas Production and Development Companies
Marketwire - Mon Dec 30, 7:01AM CST
Great East Energy, Inc. (OTCQB: GASE) (the "Company") which controls 420 square kilometers of producing European clean energy holdings through two local operating companies in Ukraine, is pleased to announce that it has named leading international financial executives Thomas Lanier and Igor Umanskiy to its Advisory Board. GASE is publically traded in the U.S. and is a fully-reporting company with the SEC whose wholly-owned Cyprus-based subsidiary controls two Ukraine companies which have been producing gas since 2003, own two gas processing facilities, and 13.5 kilometers of gas pipelines to their customers.