Oil India Limited Announces Making Hydrocarbon Discovery in the Upper Assam Basin
Shital Jibhe / 07 Jun 2017
Oil India Limited (OIL) announced that it has made one Hydrocarbon Discovery, through its exploratory efforts, in the
Oil India Limited (OIL) announced that it has made one Hydrocarbon Discovery, through its exploratory efforts, in the
Further appraisals of the discovery are planned which is likely to enhance the oil & gas productions through appraisal and development activities. Till then, the well is put on regular production
This discovery and the ten discoveries made by OIL in
The stock of the company on the NSE is trading at Rs 298 per share higher by Rs 1.7% or 0.5% and hit an intraday high of Rs 302.70 per share at 1225 hours. It has delivered 13% returns in a period of one year and has underperformed the BSE Sensex and BSE Oil & Gas indices over the same time period.
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