GASE Stock News 0.2280 05/08/2014 09:22:29 Great East Energy

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Great East Energy (GASE) 0.2280 $GASE

Great East Energy Inc. Signs Letter of Intent to Enter CNG Distribution and Sales Business
eTeligis - Tue Apr 22, 7:16AM CDT
Great East Energy, Inc. (OTCQB:GASE) (the "Company" which controls over 160 square miles of producing, clean energy, natural gas holdings through two local operating companies, today announced the Company has signed a letter of intent ("LOI" to joint venture with a leading compressed natural gas ("CNG" distributor and retailer in Ukraine, GASE's home market. The JV is expected to be formally agreed and launch in June 2014 and meaningfully contribute to GASE revenues, higher margins, and earnings.

Great East Energy Inc. Reports FY2013 Financial Results
Marketwire - Wed Apr 16, 9:55AM CDT
Great East Energy, Inc. (OTCQB: GASE) (the "Company" which controls over 160 square miles of producing clean energy holdings through two local operating companies, today announced its full year 2013 financial results for the period ended December 31, 2013.

Great East Energy CEO Voices Positive Outlook for GASE and Natural Gas Sales in Ukraine
Marketwire - Tue Mar 25, 7:16AM CDT
Great East Energy, Inc. (OTCQB: GASE) (the "Company" which controls over 160 square miles of producing clean energy holdings through two local operating companies, released a video interview of GASE CEO Timur Khromaev commenting on the current situation and pricing dynamics in Ukraine. GASE operates from the Dnieper-Donets Basin of Ukraine through the Company's seven major dome structures for current and future drilling programs. GASE is also evaluating additional properties that border GASE's license area and Royal Dutch Shell's Yuzivske gas field.

Great East Energy's Position Strengthens in Ukraine With Russia's Threat to End Discounted Natural Gas
Marketwire - Thu Mar 13, 7:31AM CDT
Great East Energy, Inc. (OTCQB: GASE) and companies like Royal Dutch Shell and Chevron are welcomed entities in Ukraine these days. As the crisis continues to play itself out between Ukraine and Russia through its state-owned gas company, Gazprom, Great East Energy's assets in Ukraine seem to be gaining in value and the company's position there is strengthening as well. And, it all starts with its estimated gross total reserves of 47 billion cubic feet (BCF) of natural gas in its 162-square mile licensed area.

Great East Energy CEO Says "Gas Prices Will Remain High" in Middle Europe While "Russia Refuses to Provide Discounts"
Marketwire - Tue Mar 11, 7:16AM CDT
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 reviewed the supply and demand situation in its Middle European natural gas markets. GASE CEO Timur Khromaev commented, "Gas prices will remain high, while Russia refuses to provide discounts," in areas such as Ukraine, the Company's current market.

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.
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