BPCL partner finds gas in MozambiqueFebruary 18th, 2010 - 4:41 pm ICT by IANS
Mumbai, Feb 18 (IANS) State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) Thursday said gas had been discovered at an offshore Mozambique find in which its overseas subsidiary holds a 10 percent stake.
Bharat PetroResources Ltd., a wholly owned subsidiary of BPCL, holds a 10 percent participating interest in the Rovuma Basin, Area I, shore Mozambique.
“The exploration well, Windjammer, which is currently being drilled, has reached an intermediate casing point and encountered more than 145 net metres of natural gas pay in multiple high quality reservoir sands,” BPCL said in a regulatory statement.
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Tags: basin area, bharat petroleum, bpcl, casing, corporation ltd, high quality, marketing company, mozambique, mumbai, natural gas, overseas subsidiary, percent stake, petroleum corporation, windjammer