In a presentation to analysts after announcing its results today, RIL said an integrated block development plan for four discoveries (D-32, D-40, D-9 and D-10) had been sent. The scheule is, however, subject to schedule.
They also reported measures taken to check falling output in the KG-D6 field. “The expectation is that the drop in gas production might reduce to an extent," said an anlayst from a Mumbai-based broking firm.
From its coal bed methane blocks in Sohagpur East and West (in Madhya Pradesh’s Shahdol district), the company expects to begin production by 2014-15. In the presentation, RIL said it had been granted extension for the development phase of these blocks up to October 2014 and December 2014, respectively.
The company, however, relinquished the Sonhat (North) block due to poor
PIX: Reliance Industries closer to being No 1 retailer
India test fires Brahmos' submarine-launched version
SAT seeks details from Sebi, RIL
RIL to give up 4,266 sq km of KG-D6 block
RCom stock extends gain; ends 2% higher