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Reliance Ind, Atlas Energy plan global hunt for shale gas

18 Jan 2011 Evaluate

Reliance Industries Ltd and US-based Atlas Energy are exploring options for expanding their shale gas joint venture to new geographies including Canada and Australia. The new geographies being explored are likely to be other shale gas areas in Europe, Asia, within the US or in third countries including Canada and Australia. The new opportunities will be considered once the existing project stabilizes.

Peers
Company Name CMP
Reliance Industries 1187.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 297.50
HPCL 343.45
MRPL 169.00
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