Cairn India today said it has begun drilling its first exploration well in four years on the prolific Rajasthan block that will help boost output to 215,000 barrels per day by March 2014
Shares in Cairn India rose as much as 2.82 percent in early trade Tuesday after reporting a 44 percent, quarter-on-quarter jump in its October-December quarter consolidated profit to Rs 3,345 crore.
Cairn India has got a government a go-ahead for commencement of production from the Bhagyam oil field, the second-largest find in the exploration firm's prolific Rajasthan block, reports CNBC-TV 18.
Cairn India has got a government a go-ahead for commencement of production from the Bhagyam oil field, the second-largest find in the exploration firm's prolific Rajasthan block, reports CNBC-TV 18.