Cairn India Q3 avg gross oil & gas production across assets firm at 182 kboepd

• Posted in OilGas
• on February 10, 2017
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Qtrly average gross oil and gas production across assets firm at 182 kboepd, in-line with expectation.
.Says in active discussions with world class oil field services companies to partner for end to end outsourcing of certain projects.
.Proposed merger of Vedanta Limited and Cairn India expected to complete in the first quarter of CY2017.
.Says commencing exploratory drilling in February for Palar-Pennar project
.Says gas sales in Rajasthan temporarily suspended due to technical issue between transporter and buyers
.Says production from appraisal wells expected in Q1 FY18 for Aishwariya Barmer Hill project
.Satellite field Guda stage-1 is expected to start production in Q1 FY18.
.Says the drilling programme in palar-pennar block is planned to be completed in April 2017 Charles Woodson Jersey

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