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Jubilant Energy declares commerciality of Kathalchari discovery in Tripura Block


Published Apr 14, 2014
Jubilant Energy-2

Jubilant is pleased to declare commerciality of Kathalchari Discovery in Tripura Block. Jubilant Oil and Gas Private Limited ("JOGPL"), the Operator of the block, had submitted a declaration of commerciality of Kathalchari Discovery, to the Management Committee (MC) on 28th December 2012, for its review with following parameters-

The Contingent Recoverable Resources reviewed by MC are based on Lowest Known Gas for the Middle Bhuban pay around the Kathalchari-1 discovery, as opposed to being based on the maximum area as originally proposed in DOC. The consortium will now submit a Field Development Plan by 12th January 2015 in accordance with the PSC provisions.

Tags: Jubilant Energy




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