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TUESDAY, FEBRUARY 14, 2012

Mumbai: Hardy Oil and Gas Plc and partner Reliance Industries Ltd. (RIL) may drill seven wells at two gas fields that could mark it as the largest in India with reserves estimated at as much as 20 trillion cu. ft.

The UK-based explorer specializing in South Asia and Nigeria and RIL are currently drilling one well in the KG D3 block and may drill another three wells next year, chief executive officer Perayya Sastry Karra said.

The companies also plan to drill three wells in the KG D9 block after abandoning one well that showed poor reservoir sands, the company said in October.

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