Gujarat Natural Resources Ltd

Gujarat Natural Resources: Resumes Drilling Operations After Monsoon Break, Using 2 Rigs For Parallel Drilling; 4 Development Wells Are Now Producing Oil And Gas; Appraisal Well Confirms Significant Reserves In Kathana.

GNRL Restarts Drilling, Finds Significant Oil & Gas Reserves

GNRL resumes drilling with 2 rigs after monsoon; 5 wells drilled pre-monsoon, 4 producing, 1 appraisal. Appraisal well reveals significant oil/gas reserves; GNRL plans more development wells and acquisitions. Source: ScoutQuest

Gujarat Natural Res. Resumes Drilling; North Kathana Finds Substantial Reserves

Gujarat Natural Resources Ltd resumes aggressive drilling campaign post-monsoon with 2 rigs deployed. Pre-monsoon drilling yielded 5 wells; North Kathana appraisal well shows substantial oil/gas reserves. Source: BSE