StockWatch
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Oil Exploration & Production
Award1 Sept 2026, 04:40 pm

Antelopus Selan Energy Awarded KG & Cambay Onshore Contract Areas

AI Summary

Antelopus Selan Energy Limited has been awarded two onshore contract areas, KG/ONDSF/KG ONLAND/2025 in the Krishna Godavari basin (Andhra Pradesh) and CB/ONDSF/CAMBAY ONLAND/2025 in the Cambay Basin (Gujarat), under the Discovered Small Field (DSF) Bid Round-IV. The award, communicated by the Directorate General of Hydrocarbons (DGH), is subject to the execution of a Revenue Sharing Contract (RSC). These blocks are expected to significantly expand the company's acreage and support its growth trajectory, strengthening its presence in Gujarat and Andhra Pradesh.

Key Highlights

  • Awarded two onshore contract areas under DSF Bid Round-IV.
  • Areas located in Krishna Godavari and Cambay basins.
  • Strengthens presence in Gujarat and Andhra Pradesh.
  • Adds significant acreage to the company's portfolio.
  • Award subject to Revenue Sharing Contract execution.