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



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» BROWNS INVESTMENTS PLC (BIL.N0000)
by D.G.Dayaratne Today at 10:46 am

» TOKYO CEMENT COMPANY (LANKA) PLC
by samaritan Today at 9:22 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by samaritan Today at 9:16 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by LHW Yesterday at 10:14 pm

» LOFC AND CLC Target Price??
by reyaz Yesterday at 3:44 pm

» KOTAGALA PLANTATION
by reyaz Yesterday at 3:33 pm

» GUYS LOOK IN TO JKH / JKL NOW
by reyaz Yesterday at 3:25 pm

» LOFC LOFC LOFC
by smnsam Yesterday at 2:25 pm

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by D.G.Dayaratne Yesterday at 7:33 am

» What is "Introductions" in Upcoming listing in CSE?
by Nandun Sat Sep 18, 2021 1:46 pm

» Glove stocks fall after Top Glove posts weaker 4Q results
by ResearchMan Sat Sep 18, 2021 1:37 pm

» Top Foreign Trading today
by SAGA Fri Sep 17, 2021 6:32 pm

» Top crossings today
by SAGA Fri Sep 17, 2021 5:01 pm

» Amana Takaful ATL & ATLL
by kanishkaecomm Fri Sep 17, 2021 12:17 pm

» Best Time to Collect Cic X
by Value Pick Fri Sep 17, 2021 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Fri Sep 17, 2021 6:29 am

» AGST can move
by Zayden River Thu Sep 16, 2021 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Thu Sep 16, 2021 11:57 pm

» AGSTAR PLC (AGST.N0000)
by Zayden River Thu Sep 16, 2021 11:57 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Thu Sep 16, 2021 8:10 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 offer up to 10 off shore oil exploration blocks

Sri Lanka to offer up to 10 off shore oil exploration blocks

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Nov 15, 2012 (LBO) - Sri Lanka will offer up to ten offshore oil blocks in a bidding round that may start as early as next month, Saliya Wickramasuriya director general of the island's petroleum exploration office said.

Blocks will be offered around the island ranging from the Western coast and curving over the north towards the East, in the Mannar basin and part of the Cauvery basin that is in Sri Lankan waters.

Wickramasuriya said "eight to ten" blocks may be offered in the bidding round that could be kept open till around April to May 2013.

Sri Lanka's Petroleum Development Secretariat has also called for offers to re-process existing data and gather new information from aerial surveys on a 'multi client' basis from specialist firms.

Wickramasuriya said responses had been received and the company would be selected soon.

Under 'multi client' process, the company will sell the data to prospective bidders.

Sri Lanka has also found evidence of petroleum off the Southern Hambantota coast, but that block may be offered following further surveys.

India's Cairn Energy has found evidence of gas and condensate in two wells dug in the sole block awarded in the first round of bidding.

In February further exploratory drilling is due to begin on the block.

About five large oil companies have expressed interest in oil block in Sri Lanka Wickramasuriya said.

State-run firms including Russia's Gazprom and PetroVietnam have expressed interest in exploration. At one time there were discussions about giving blocks to India and China on an 'assignment basis' without bidding, but the deals were not finalized.

Sri Lanka to offer up to 10 off shore oil exploration blocks 12lbon10
http://lbo.lk/fullstory.php?nid=253737721

Back to top  Message [Page 1 of 1]

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