Sign up
Oil Capital

'Drought in drilling service sector is over' - Greka Drilling's Randeep Grewal

Randeep Grewal, chief executive of Greka Drilling Limited (LON:GDL), discusses what's been described as a “well-balanced” trading performance in their half yearly results.

The drill contractor reported a 38% increase in first half revenue, up to US$3.6mln in the six months to 30 June, from US$2.6mln in the same period of last year, as it completed twelve wells in the half versus ten in the comparative period.

 

View full GDL profile

Greka Drilling Ltd Timeline

View All

© oil Capital 2017

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.