Gujarat Natural Resources’ 100% arm - GNRL Oil & Gas (formerly known as Heramec) has intimated Government of India, about new oil discovery in Mehsana formation in newly drilled Well ND#1A in Dholasan field. Presently, the well is under production testing since the last 35 days to determine whether the discovery is of potential commercial interest.
The company holds 30% participating interest and is the operator for Dholasan field where 2 new wells ND#1A and SD#1A have been drilled. Gujarat State Petroleum Corporation (GSPC) holds balance 70% participating interest in this field.
| Company Name | CMP |
|---|---|
| ONGC | 280.95 |
| Oil India | 456.55 |
| Jindal Drilling&Inds | 532.50 |
| Deep Industries | 454.00 |
| Asian Energy Service | 294.30 |
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