GREY:NKRSF - Post by User
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Dell1on Jul 24, 2017 10:53pm
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RE:RIL to award R series contracts in Sep quarter
RE:RIL to award R series contracts in Sep quarterGood job Sanmeet81 ;) I just wanted to share this with everyone here :) You are ahead of me !!!
"R-Series contracts to be awarded by end of September quarter or early December quarter in the current financial year. It would start production from 2020 with plateau production to be Rs 12mmscmd," Sudeep Anand, analyst with IDBI Capital wrote in a 23rd July dated report. In June, RIL announced it will invest Rs.40,000 crore in the KG-D6 Basin along with partner BP Plc. The report also added pricing for new fields to be determined by market forces.