RIL to begin drilling in Block D9 in Q1'07
Reliance Industries Ltd, country's largest private firm, will begin drilling in Block D9, adjacent to its gas-rich Block D6 in Krishna Godavari Basin, in the first quarter of 2007.
By PTI |
NEW DELHI: Reliance Industries Ltd, country's largest private firm, will begin drilling in Block D9, adjacent to its gas-rich Block D6 in Krishna Godavari Basin, in the first quarter of 2007.
Drilling on Block KG-DWN-2001 (D9) was to commence by the fourth quarter of 2006 but has now been delayed to the first quarter, Hardy Oil, which holds 10 per cent interest in the block, said in a press statement.
"This is due to third party delays of the rig that were longer than originally scheduled," it said.
RIL is the operator of the block with 90 per cent interest.
Block D9 is adjacent to D6, where RIL's 10 per cent partner Niko Resources of Canada reported gas reserves of 35.4 trillion cubic feet.
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