Essar Oil draft-CPR hints at high CBM resources - Commodity Online

By
Viraj
on March 5, 2010 4:09 PM | | TrackBacks (0)
In a recently received draft competent persons report (CPR), Essar Oil Ltd, an oil & gas exploration & production (E&P) arm of Essar group, is said to have an aggregate in-place CBM resource to the tune of 15 tcf.

Oil Tanks India manufacturing facility.

The company is going high on E&P front by engaging some of the renowned international consultants to provide competent persons report (CPR) certifying the resources in its various oil & gas / CBM blocks. The company is said to have received the draft of CPRs and the same are expected to be finalized shortly. The company said in a filing with the Bombay Stock Exchange (BSE) today that based on the draft reports of CPR, Essar Oil has aggregate in-place CBM resource of 15 tcf (trillion cubic feet) and recoverable CBM resource of around 7 tcf.

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This page contains a single entry by Viraj published on March 5, 2010 4:09 PM.

Essar Oil plans Rs 4000-cr investment for CBM blocks - Business Standard was the previous entry in this blog.

Baker Hughes: US Oil, Gas Rig Count Up 23 To 1396 This Week - Wall Street Journal is the next entry in this blog.

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