Reliance bids for six, Cairn for two blocks in NELP-IX

Monday, 28 March 2011, 19:44 IST
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New Delhi: Reliance Industries today bid for six oil and gas exploration blocks while Cairn India submitted offers for two out of the 34 on offer in the 9th round of auction under the New Exploration Licensing Policy (NELP). Reliance bid for two deepsea blocks in the Andaman Basin in the Bay of Bengal and four onshore blocks in Rajasthan and the Cambay Basin, a source in the upstream oil regulator, the DGH, said here. Cairn India, whose success in Rajasthan may have propelled Reliance to bid for two blocks in the state, has submitted offers for only two blocks -- one onland and one offshore. Cairn has not bid for any two exploration blocks on offer in Rajasthan. Bids for the 34 oil and gas blocks, which include eight in deepwater areas, seven in shallow water and 19 onshore properties, close today.
Source: PTI
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