Geological Resources (Barbados) Inc to drill exploratory wells in Jalgaon

Details: Category: Oil and Natural Gas Exploration

Geoglobal Resources (Barbados) Inc is planning to drill exploratory wells in DS-ONN-2004 block in Dhule and Jalgaon Districts of Maharashtra. Geoglobal signed the PSC for the block with Govt. of India on 2nd March, 2007 Petroleum Exploration License (PEL) to start the exploration activities in the block was given to M/s Geoglobal Resources on 07.06.2007. The project cost is estimated at Rs. 800 million.