Reliance finds oil in Cambay Basin block, stk up 2.14%

Published on Tue, Nov 10, 2009 at 11:45 |  Source : Reuters

Updated at Tue, Nov 10, 2009 at 11:56  

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Reliance finds oil in Cambay Basin block, stk up 2.14%

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Reliance Industries on Tuesday announced its first oil discovery in its exploration block in the Cambay Basin off Gujarat. It holds 100% participating interest in the block which covers an area of 635 sq km, it said in a statement.
This block was awarded to Reliance under the fifth round of the New Exploration Licensing Policy.
At 11:50 am, the share was quoting at Rs 2,067.85, up Rs 43.30, or 2.14%

  

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