Gulf Resources Announces First Natural Gas Customer
Gulf Resources, Inc. (GURE)
US:NASDAQ Investor Relations:
gulfresourcesinc.com
Company Research
Source: GlobeNewswire
SHOUGUANG, China, May 03, 2017 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt, specialty chemical products, and natural gas in China, today announced a contract with Sichuan Heshun Natural Gas Sales Co.,Ltd, its first customer for its natural gas production in Sichuan Province. Under the terms of the contract, Gulf will sell 8,000 cubic meters of natural gas each day to Sichuan Heshun Natural Gas Sales Co., Ltd. This amount will allow Gulf to satisfy its minimum revenue guarantee for its business operation. Sichuan Heshun Natural Gas Sales Co., Ltd will transport the natural gas from Gulf’s well to its customers in the local area. During this initial period, Gulf will continue to increase its daily production gradually. As soon as Gulf is confident it can provide significantly larger amounts of natural gas on a consistent basis, it will secure contracts with other customers. “We are very pl
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GURE
Sec Filings
- 4/19/24 - Form 8-K
- 4/16/24 - Form 8-K
- 3/28/24 - Form NT
- GURE's page on the SEC website