Indus has released a new CPR update from Senergy on its RJ-ON/6 block in Rajasthan. Key here is the increase in gross 2P reserves from 573bcf to 872bcf of raw gas based on further work at the producing SGL field and addition of reserves elsewhere including the new SSM discovery. 2C resources are up from gross 2.7tcf to 3.3tcf based on drilling of further wells since the last report. There is also some welcome detail on further development phases focusing both on increased local sales but also
08 Dec 2014
CPR update
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CPR update
Indus Gas Limited (INDI:LON) | 49.2 0 (-0.2%) | Mkt Cap: 90.1m
- Published:
08 Dec 2014 -
Author:
Daniel Slater -
Pages:
12
Indus has released a new CPR update from Senergy on its RJ-ON/6 block in Rajasthan. Key here is the increase in gross 2P reserves from 573bcf to 872bcf of raw gas based on further work at the producing SGL field and addition of reserves elsewhere including the new SSM discovery. 2C resources are up from gross 2.7tcf to 3.3tcf based on drilling of further wells since the last report. There is also some welcome detail on further development phases focusing both on increased local sales but also