RIL makes two more discoveries in East Coast

12 Mar 2007

1

Mumbai: Reliance Industries Limited (RIL) says it has made two new discoveries in the east coast blocks. These are KG-D6-P2 in block KG DWN 98/3 (KG D6), and NEC 25 A5 in block NEC OSN 97/2 (NEC 25), which have been notified to the government as new discoveries as Dhirubhai 31 and Dhirubhai 32 respectively.

According to RIL, it has successfully completed the drilling of well KG-D6-P2, which was the 46th exploratory well and the 22nd exploratory well drilled in block KG DWN 98/3 (KG D6). This well lies in the extension 3D seismic area approximately 6km west of the earlier P1 natural gas discovery (Dhirubhai 23).

The other is the NEC 25-A5 which was the 47th exploratory well, and seventh in the block NEC OSN 97/2 (NEC 25). The well lies in the Mahanadi Basin approximately 12km north west of the earlier natural gas discovery NEC25-A1 (Dhirubhai 9). This well is the seventh discovery in this block.

The company says that the data obtained from logging and modular dynamic testing (MDT) corroborates the presence of hydrocarbons in both wells and their commercial prospects are currently under evaluation. These recent discoveries demonstrate the further upside potential of the blocks in the business, India, news, companies, corporate, management, marketing, markets, advertising, finance, industry, domain-b, Reliance Industries, Reliance, RIL, petroleum.

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