ONGC wins 2 exploration blocks in Colombia

ONGC wins 2 exploration blocks in Colombia
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First Published: Tue, Nov 18 2008. 02 58 PM IST
Updated: Tue, Nov 18 2008. 02 58 PM IST
Mumbai: Indian state-run energy firm Oil & Natural Gas Corp said on Tuesday its wholly owned unit ONGC Videsh Ltd had won two exploration blocks in Colombia.
ONGC, which accounts for over 78% of India’s oil and gas production, said the two blocks were located in the Llanos Basin and Sinu San Jacinto Basin.
ONGC Videsh will hold 100% interest in the Llanos basin block and 50% in the other block.
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First Published: Tue, Nov 18 2008. 02 58 PM IST