Greka Drilling Ltd (LON:GDL) shares rose 18.2% on Friday . The stock traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.30 ($0.02). Approximately 1,928,445 shares traded hands during trading, an increase of 994% from the average daily volume of 176,203 shares. The stock had previously closed at GBX 1.10 ($0.01).

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About Greka Drilling (LON:GDL)

Greka Drilling Limited, an investment holding company, provides drilling services for coal bed methane companies in China and India. It operates a drilling fleet, which includes purpose-built, hydraulic, and top-drive rigs for the application of drilling services within the unconventional gas industry; and offers completion and directional drilling, as well as geological and geophysical services.

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