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KGN Industries gets oil & gas block under NELP IX

28 Mar 2012 Evaluate

KGN Industries has been awarded the block VN-ONN-2010/1 located at Vindhyan Basin, Madhya Pradesh with an area of 3776 sq kms by Ministry of Petroleum and Natural Gas, Government of India under NELP IX.

KGN Industries, incorporated on October 14, 1994, has business activities in finance, investments and trading. It has diversified into trading in agro commodities. The company’s products include castor oil, castor oil derivates, castor seeds, coal, edible oils, gems & jewellery, generator sets and petroleum products.

Peers
Company Name CMP
ONGC 279.25
Oil India 454.40
Jindal Drilling&Inds 535.85
Deep Industries 457.70
Asian Energy Service 297.85
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