MUMBAI: Cairn Oil and Gas, a subsidiary of Anil Agarwal-led Vedanta Ltd, on Wednesday announced an oil discovery in its Krishna Godavari basin block in the Bay of Bengal.
Cairn India had won the KG-OSN-2009/3 block in June 2010 during the edition of the New Exploration Licensing Policy (NELP).
In a press statement, Vedanta said: “it has notified the Directorate General of Hydrocarbons and Ministry of Petroleum and Natural Gas of an oil discovery in the second exploratory well H2, located in the block KG-OSN-2009/3, Krishna-Godavari Basin, East Coast of India.”
