{"id":388490,"date":"2020-12-08T11:20:28","date_gmt":"2020-12-08T05:50:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388490"},"modified":"2020-12-08T11:20:28","modified_gmt":"2020-12-08T05:50:28","slug":"ongc-shares-gain-5-after-ovl-strikes-oil-in-llanos-basin-of-colombia","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-shares-gain-5-after-ovl-strikes-oil-in-llanos-basin-of-colombia\/","title":{"rendered":"ONGC shares gain 5% after OVL strikes oil in Llanos Basin of Colombia"},"content":{"rendered":"<p>Shares of Oil and Natural Gas Corporation (ONGC) gained nearly 5% in early trade on Monday after ONGC Videsh Ltd made a &#8220;significant&#8221; oil discovery in an onshore block in Colombia. ONGC Videsh Ltd, the overseas investment arm of state-owned ONGC, has made a &#8220;significant&#8221; oil discovery in an onshore block in Colombia. OVL struck oil while drilling an appraisal well &#8216;Indico-2&#8217; in CPO-5 block in Llanos Basin of Colombia, the company said in a statement on Friday.<\/p>\n<p>The stock jumped 4.61% to \u20b994 on both BSE and NSE.<\/p>\n<p>OVL is the operator in the block with 70% stake. Geopark Ltd, an independent oil and gas company focussed in Latin America, has the remaining 30 per cent interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Oil and Natural Gas Corporation (ONGC) gained nearly 5% in early trade on Monday after ONGC Videsh Ltd made a &#8220;significant&#8221; oil discovery in an onshore block in Colombia. ONGC Videsh Ltd, the overseas investment arm of state-owned ONGC, has made a &#8220;significant&#8221; oil discovery in an onshore block in Colombia. OVL struck oil while drilling an appraisal well &#8216;Indico-2&#8217; in CPO-5 block in Llanos Basin of Colombia, the company said in a statement on Friday. The stock jumped 4.61% to \u20b994 on both BSE and NSE. OVL is the operator in the block with 70% stake. Geopark [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-388490","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388490"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388490\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}