Cairn India Ltd has discovered oil find in one of its exploration wells in the Ravva field off India's east coast, a company official said on Friday.
The initial flow is around 1,500 barrels per day, said the official, who did not wish to be named, adding Cairn is yet to inform the upstream regulator of the find. Cairn India, which owns a 22.5 percent stake in the block, is also the operator. India's Oil and Natural Gas Corp, Videocon Industries and Japanese firm Marubeni are the other stakeholders.
No comments:
Post a Comment