Jun 15, 2011 05:25 PM IST | Source: CNBC-TV18
Jindal Drilling sees increase in rig demand due to oil rate
DP Jindal, Chairman of Jindal Drilling, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, said that reason for them buying a rig is because the rig demand has been going up for exploration and production along with the oil prices.
Jindal Drilling has been planning to add another rig to the five rigs they have. The company has seen a couple or good days of trading as well.
DP Jindal, Chairman of Jindal Drilling, in an interview with CNBC-TV18