Comments
Cairn India, a unit of British exploration firm Cairn Energy Plc, said it plans to drill for oil and natural gas deposits off Sri Lanka's northwestern coast in July.
In 2008, Cain invested $100 million, spread over three years, to conduct detailed seismic studies and drilling three wells off the coast of Mannar.
“Frontier exploration drilling in Sri Lanka is planned to commence in July,” a company statement said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.