Green Dragon Gas Ltd. (AIM: GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce that, as part of its overall plan to drill 150 LiFaBriC wells in 2014, it has made an initial order for Greka Drilling Limited to drill 10 LiFaBriC wells.  The estimated value of the order is approximately US$15 million and will involve 5 rigs being mobilized in February 2014, after the Chinese New Year.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Stephen Hill, VP Corporate Communications

Green Dragon Gas

+852 3710 0108

Dr Azhic Basirov / David Jones

Smith & Williamson - Nominated Adviser & Broker

+44 20 7131 4000

Steve Baldwin / Nicholas Harland

Macquarie Capital (Europe) Limited - Broker

+44 20 3037 2000

Richard Crichton / Andy Crossley

Peel Hunt - Broker

+44 20 7418 8900

James Henderson / Phillip Dennis

Pelham Bell Pottinger - Investor Relations

+44 20 7861 3232

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