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CORPORATE: Reliance makes another gas find in KG Basin.
from BUSINESS LINE, December 23, 2009 Mumbai, Dec. 22 - Reliance Industries Ltd announced its third successive gas discovery in the exploration block in the Krishna- Godavari basin, about 45 km off the Andhra Pradesh coast in the Bay of Bengal.
The block covers an area of 3,288 sq km, according to a press statement issued by the company on Tuesday.
First and second discoveries in the block were announced in February and April 2008 respectively.
In the first discovery, the well flow rate was 38.1 million standard cubic ft/day. However, the well flow rate data of the second and third discovery were not shared by RIL.
The D3 block was awarded to RIL …
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