OEX 20.0% 0.6¢ oilex ltd

Last post if they are boring just ignore GSPC had a plan...

  1. 55 Posts.
    Last post if they are boring just ignore

    GSPC had a plan transport Gas from
    "KG-21 Well, Krishna-Godavari Basin, India"
    http://www.offshore-technology.com/projects/kg-21krishna/

    however Modi Goverment has said 12 days ago
    "Centre overrules Gujarat State Petroleum Corp's demand for $8.5 gas price"
    EW DELHI: The Centre has overruled Gujarat government-owned firm GSPC's demand for a gas price of $8.5 for its KG basin Deendayal field, saying the approved rate of $5.05 will apply on the company.

    http://articles.economictimes.india...ck-kg-osn-2001-3-gujarat-state-petroleum-corp

    However GSPC has Gas demand in Gujurat as shown from my previous post; where will they source their gas economically?

    The Oilex Proof of Concept at Cambay may be important.

    DYOR all IMO
 
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