Offshore staff
AMSTERDAM, the Netherlands –Gross contingent resources (2C) in Jubilant Energy’s (LON:JUB) Deen Dayal structural complex offshore India in the Krishna Godavari block are increased by 11% for natural gas and 10.2% for condensate as the result of a Gaffney Cline & Associates review.
The revisions are due to the award of an added 20.5 sq km (8 sq mi) ofDeen Dayal West contract area in KG-OSN-12001/3, and the drilling of two appraisal wells plus interpretation of new Q-marine seismic data.
Jubilant holds a 10% participating interest in this block through its subsidiary Jubilant Offshore Drilling Private Ltd in India. Gujarat State Petroleum Corp. Ltd, with an 80% participating interest, is the operator for the block. Geo Global Resources holds 10%.
9/6/2012
