Green Dragon Gas Ltd. announced that GSS 008, the first well to be drilled using Green Dragon Gas' LiFaBriC completion methodology, on line since March 21, 2008, has completed seven years of continuous gas production, with no decline in production rates. The well has produced a cumulative 1.05Bcf of production to date; a rate of return of 80% based on a realized CNG pricing.
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- Green Dragon Gas Ltd. Announces First LiFaBriC well exceeds 1Bcf of cumulative production