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Rohit Kapur: Less than ambitious
Jan 08: Rohit Kapur, the main private shareholder of Selan Exploration Technology Ltd, is an incremental entrepreneur.
8The company was set up by Rohit's father, a former oil multinational employee, and it was among the first private sector companies to have obtained rights to develop three discovered oilfields, namely Bakrol, Indrora and Lohar, all with proven oil and gas reserves.
8Rohit is not an entrepreneur with a lot of ambition though, he is happier accumulating cash than spending it.
8Currently, an application is lying with the DGH for a 10-year life extension for the three fields
8Is he better off selling his assets than hanging on to them?
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