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    Deep Industries Awarded Three CBM Blocks Under India's NELP - IX

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Summary

Deep Industries Ltd has informed the Bombay Stock Exchange Tuesday that its subsidiaries, Deep Energy LLC and Deep Natural Resources Ltd. have been awarded three coal bed methane blocks under the New Exploration Licensing Policy (NELP - IX) of Government of India.

by: Shardul

Posted in:

Asia/Oceania

Deep Industries Awarded Three CBM Blocks Under India's NELP - IX

Deep Industries Ltd informed the Bombay Stock Exchange Tuesday that its subsidiaries, Deep Energy LLC and Deep Natural Resources Ltd. have been awarded three coal bed methane blocks under the New Exploration Licensing Policy (NELP - IX) of Government of India.

Block VN-ONN-2010/1 located at Vindhyan Basin, Madhya Pradesh with an area of 3776 sq km has been awarded to consortium Deep Energy, LLC and KGN Industries Ltd.

Block VN-ONN-2010/2 located at Vindhyan Basin, Madhya Pradesh with an area of 4909 sq km has been awarded to consortium of Deep Energy, LLC, Deep Natural Resources Limited and Safal WSB Energy Private Limited.

The block CB-ONN-2010/3 located at Cambay Basin, Gujarat with an area of 782 sq km has been awarded to consortium of Deep Energy, LLC and KGN Oil & Gas Private Limited.