Selan Exploration Technology has received an approval from the Ministry of Petroleum and Natural Gas to the proposal for grant of extension of 10 years with effect from March 13, 2020 for the entire contract area measuring 36 Square Km of Bakrol Field.
The Ministry granted approval for extension of the PSC for the Bakrol field, as per extant policy for extension of PSC for small, medium and discovered field, 2016.
Selan Exploration Technology is a private sector listed company, engaged in oil exploration and production.
