GREY:NKRSF - Post by User
Comment by
redscorpionon Aug 08, 2016 3:45pm
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Post# 25120459
RE:RE:RE:Yeah - Shopping time...possibly 0.145 cents
RE:RE:RE:Yeah - Shopping time...possibly 0.145 centsSomewhere.........regarding the financials ----and this might be quite a positive factor as well .....
RIL's block holds 3.7 times established gas reserves: Niko Jul 11, 2016
https://timesofindia.indiatimes.com/city/delhi/RILs-block-holds-3-7-times-established-gas-reserves-Niko/articleshow/53155677.cms
Reliance Industries has 4 times more gas at KG basin
Reliance Industries has 4 times more gas at KG basin
Jul 12, 2016 https://www.deccanchronicle.com/business/companies/120716/reliance-industries-has-4-times-more-gas-at-kg-basin.html Quotes from article above
“BP plc of UK holds the remaining 30 per cent stake in KG-D6 block. Niko Chairman and interim CEO Kevin J Clarke said with the government approving pricing freedom, subject to a cap, for discoveries in high pressure-high temperature, deepwater and ultra-deepwater areas,
the KG-D6 consortium is moving ahead with developing the undeveloped discoveries.” “The new natural gas pricing guidelines apply to future discoveries as well as existing discoveries which had yet to commence commercial production as of January 1, 2016 (such as existing undeveloped discoveries in the D6 Block in India).
“The contractor group of the D6 Block (RIL-BP-Niko) is taking the necessary steps towards development of the R- Cluster, Satellites and MJ discoveries in the D6 Block,” he said.”"