FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_lcap11%Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_rcap 11% [ 21 ]
Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_lcap20%Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_rcap 20% [ 37 ]
Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_lcap28%Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_rcap 28% [ 52 ]
Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_lcap40%Sri Lanka to complete awarding of more oil blocks by June 2013 Vote_rcap 40% [ 74 ]

Total Votes : 184

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» SGH buys EXPO from retailers
by Maharaja Today at 5:20 pm

» HAYLEYS PLC (HAYL.N0000)
by cseboss Today at 11:34 am

» NO FURTHER INCREASE IN TAXES-PRES. RANIL WICKRAMASINGHE
by ADVENTUS Yesterday at 3:48 pm

» AAIC 100 = SCAP 16
by Equity Win Yesterday at 2:11 pm

» CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)
by Dasun Maduwantha Yesterday at 12:10 pm

» Nestle‚ declares highest ever dividend
by Shiranli Yesterday at 11:24 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Anushka Perz Yesterday at 11:15 am

» Buy lofc tomorrow - Maharaja
by Maharaja Yesterday at 9:47 am

» MULTI FINANCE PLC (MFL.N0000)
by Eleven Mon Aug 08, 2022 9:28 pm

» AGSTAR PLC (AGST.N0000)
by Thushara Ayya Mon Aug 08, 2022 4:18 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Mon Aug 08, 2022 1:43 pm

» LIOC ....Get in soon
by samaritan Mon Aug 08, 2022 11:49 am

» Sinopec likely to enter Lankan fuel market
by samaritan Mon Aug 08, 2022 9:41 am

» RW - Rescue Warrior of Sri Lanka's Economy
by reyaz Mon Aug 08, 2022 8:17 am

» Should Central bank increase Interest rates?
by reyaz Mon Aug 08, 2022 7:52 am

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by sheildskye Sun Aug 07, 2022 12:05 pm

» L G I L - Maharaja special
by Chula Sat Aug 06, 2022 6:24 pm

» Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 06, 2022 11:54 am

» Foundation laid for Nestlé Lanka’s Rs.5bn factory expansion
by nilantha suranga Sat Aug 06, 2022 1:57 am

» HAYLEYS PLC (HAYL.N0000)
by cseboss Fri Aug 05, 2022 7:21 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka to complete awarding of more oil blocks by June 2013

Sri Lanka to complete awarding of more oil blocks by June 2013

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

By: Prasanna C. Rodrigo
Sri Lanka says, it is planning to complete the awarding of more oil blocks to potential explorers by June 2013, while the licensing round towards this is expected to start in November or December this year.

“We want to close the bids by end Q1 and award the blocks by June 2013” Director General of Sri Lanka’s Petroleum Resources Development Secretariat Saliya Wickramasuriya told News360.lk

According to him, the plan is to offer between 8 to 10 offshore oil blocks for potential investors.

“Out of the 14 blocks available we are planning to public auction between 8 and 10 blocks” added Wickramasuriya.

Sri Lanka has around 10 blocks in the Mannar basin while another five blocks are available on the Cauvery basin.

Out of the total 15, one block is already given to India’s Cairn which is currently engaged in exploring gas and oil.

Sri Lanka’s latest licensing round will see road shows being held in places like Singapore, London and Houston.

However, Wickramasuriya said the main event will be organized in Sri Lanka aiming to showcase the country to potential investors.

Petroluem Resources Development Secretariat is currently in the process of finalizing a consultant to assist it to successfully conduct the “2012 offshore Petroleum Exploration Licensing Round”.

“The tasks of the consultant include updating the current model petroleum resource agreement, reviewing and revising the economic model and fiscal regime and promoting and marketing the license round”.

According to Wickramasuriya the new consultant would be finalized by the end of this month.
www.news360.lk

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum