Hindustan Oil Exploration sees further delays in issue of petroleum mining lease to Oil India

• Posted in OilGas
• on June 6, 2017
• No Comments.

Hindustan Oil Exploration Company Ltd :
Anticipate further delays in issue of petroleum mining lease to Oil India.
Expect to commence commercial gas sales only during July – Sept quarter, post review of our representation by NBWL
Reiterate guidance of exiting Q2 FY 2018 with a production level of 25 million standard cubic feet per day
Reiterate guidance of plant capacity to process 36 million standard cubic feet per day
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