Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Videocon Energy Brazil, a step-down subsidiary of Videocon Industries, said its senior partner Petrobras of Brazil has discovered oil and gas off the Latin American nation’s coast.
Petrobras Brasileiro SA, the Operator of the BM-SEAL-11 Concession in the Sergipe Basin of the Brazilian Offshore announced today the presence of oil and gas accumulations, confirmed after completing the drilling, logging (records characteristics of a formation), sampling (liquid and gas) fluid in a formation testing operations at Barra well (1SES-158) with presence of excellent reservoirs with good porosities and permeabilities at several depths. Excellent quality hydrocarbons were observed in the range from around 439 API (condensate/light oil) to 323 API (oil), during lagging and fluid (liquid and gas) sampling, in a formation test, at 5,050 and 5,400 meters, respectively.
The Barra well is the first Well drilled in deepwater exploration in water depths of 2,311 meters, 58 km from the coast of Sergipe and 90 km from Aracaju, in the Sergipe-Alagoas Basin, offshore Brazil. The information obtained so far, is sufficient to confirm discovery of a new oil province in the Sergipe-Alagoas Basin.
The Joint Venture comprising of Petrobras as Operator with 60% Participating Interest and IBV Brasil (a 50 : 50 Joint Venture Company of Videocon Energy Brazil and Bharat PetroResources) holding the balance 40% Participating Interest, will fulfill the commitment of Minimum Lxploration Programme agreed with the Petroleum Regulatory Authority of Brazil Government (ANP) has also approved the proposed Appraisal Plan submitted by the consortium, in order to ascertain the extent of accumulation through the drilling of other Appraisal/Exploratory well.
| Company Name | CMP |
|---|---|
| Dixon Technologies | 9100.45 |
| Honeywell Automation | 52384.65 |
| MIRC Electronics | 20.62 |
| Elin Electronics | 154.50 |
| Safa Systems & Techn | 13.58 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
