Cairn
The company had informed the oil regulator DGH about the discovery but has not put any number to the potential reserves the find may hold. DGH has only been submitted technical data on the discovery and reserves would be known only when Cairn drills more wells to appraise the find. Cairn had won the block KG-ONN-2003/1 in the fifth round of bidding of New Exploration Licensing Round (NELP). Billionaire Anil Agrawal-controlled Vedanta Resources has concluded talks to buy a majority stake in Cairn
