It has been 2 months since the last India update. Given that they don't celebrate Christmas holiday season as we might do, you would expect something to be done by now. The Indian financial year expires next month and commitment wells are not drilled. that must be tempting for DGH to take the lease away from the JV. Why is it that a simple well cannot be drilled? Losing Bhandari is significant, now no-one knows what to do in Delhi to get the assets working again.
News please, Brad in India yet?
OEX Price at posting:
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