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GUJARAT NRE COKE BAGS OIL & GAS EXPLORATION RIGHTS IN AUSTRALIA.
AHMEDABAD, Oct 2 Asia Pulse - Gujarat NRE Coke Limited (BSE:5122579) has bagged exploration rights for oil and gas in Western Australia, official sources said.
"This is the first time we are entering the oil and gas exploration business," company vice chairman and managing director Arun Jagatramka told reporters.
"We have bagged oil and gas exploration rights over a 10,000 square kilometre area to the south of Derby port in Western Australia," Jagatramka said adding that an agreement in this regard was signed on September 26.
Being a new entrant in this sector, the ...
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Source: HighBeam Research, GUJARAT NRE COKE BAGS OIL & GAS EXPLORATION RIGHTS IN AUSTRALIA.