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Onland discoveries always profitable in India: 250-300 well drilling campaign to come up
Dec 07: India's onland discovered reserves are always possible to be tapped at a reasonably low cost, leaving operators with good margins even under a low price regime.
850-60 well on land drilling programme is likely to get underway under a private operator once formalities are to get cleared next year
8The second phase of this programme can see another 150 wells coming up
8Pertinently, the operator is also looking for a strategic investor, if anyone is interested
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