Reliance strikes more gas in KG basin block

Mumbai: Reliance Industries Ltd has found fresh reserves of natural gas the D6 block in Krishna Godavari basin off the east coast, its minority partner in the exploration programme, Niko Resources, has said.

"The deepwater frontier drilling rig has now completed drilling of an exploratory well, AA-1, which has resulted in (discovery of) a new high potential natural gas zone," Niko Resources said in a statement.

Reliance has so far made over a dozen gas discoveries and two-oil finds on the KG-DWN-98/3 block, also known as D6. The AA-1 well is located in the new 3D seismic area, South East of the previous gas finds.