London-listed Greka said on Tuesday that the deal, signed with Petro-king Oilfield Technology, was just the first in a series of contracts it expected to sign with China-based exploration and production companies.
The 100-well drilling campaign is due to start immediately following the Chinese New Year in 2013 (10 February 2013, according to the calendar year). The wells will be drilled in Yijun, Changwu, Binxian, as well as other leases in the Shaanxi Province.
Greka