Assam Company India has been appointed as the sole operator of Amguri oil and gases filed in Assam by government of India. Amguri filed is already an establish oil and gases producing field with high quality Reserve of crude oil and rich gas having properties of LPG and oil condensate. The company is now ready to commence the production of oil and gas.
Further, the company is also under discussion with Government of India for the transfer of 60% participation Interest in its favour as per Production Sharing Contract. The company expects that Government of India will accord its consent on transfer in its favour, thereby becoming the owner of 100% Participation Interest in the field.
Assam Company India is primarily engaged as tea cultivator in India. Besides tea plantation, the company is also engaged in the business of infrastructure and oil and gas exploration.
