Vedanta Resources: Cairn India oil discovery in Rajasthan block
BY IAN WALKER
LONDON -- Vedanta Resources said that Cairn India has made its latest oil discovery, the 26th discovery so far in the RJ-ON-90/1 block, and that technical evaluations indicate 10 m of gross oil column within the Dharvi Dungar formation.
Oil has been discovered and tested for the first time in Dharvi Dungar sands in Raageshwari-Tukaram area, where previous discoveries were in the shallower Thumbli sands. Volumes of oil in place and the potential resource base associated with this discovery are under evaluation.
Dow Jones Newswires