Great Eastern Energy Corporation Limited, a fully integrated & leading Indian CBM company, is focused on the monetisation of natural gas from coal seams. Led by Mr. Prashant Modi, the firm’s assets include the Raniganj (South) block (210 sq. km / 52,500 acres) in the Damodar Valley, 185 km from the city of Kolkata, West Bengal with an estimated Gas-in-Place of 2.40 TCF (As certified by Advance Resources International, Inc.), on which, GEECL commercialised CBM for the first time in India in 2007.

Talking about the progress on Raniganj & Mannargudi blocks, Mr. Prashant Modi stated that the company is currently producing 20.40 mmscfd (0.57 mmscmd) of CBM gas from Raniganj (South) block. It has already drilled 150 wells. The block has about 2.40 TCF of gas in place. To exploit the potential, the firm plans to drill a total of 300 wells. The Mannargudi Block covers an effective area of 667 sqkm. and 0.98 TCF of gas in place as per DGH. At present, GEECL needs to wait for some final clearances to start the work.

Mr. Prashant Modi also shared his thoughts on how Great Eastern is responding to the changing market dynamics and realigning its growth strategies. He stated that GEECL is seeking to ramp up operations by developing its current assets in the most time efficient manner. Further, the company will look for new acreages which will be acquired only if those are economically viable. It will not acquire just for the sake of getting acreage.