InvestorsHub Logo
Followers 11
Posts 1537
Boards Moderated 0
Alias Born 07/12/2005

Re: Art2004 post# 88543

Sunday, 01/14/2007 10:22:16 PM

Sunday, January 14, 2007 10:22:16 PM

Post# of 361591
This doesn't sound like ONGC is heading towards Block 2 before their contract is up (from December).

"All hopes now ride on the well, UD-1, being drilled by Bedford Dolphin, whose contract ends in February 2007. The drillship costs ONGC about $150,000 per day. ONGC director technical and field services UN Bose said...

http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Oil__Gas/ONGC_pins_hopes_on_UD-1_we...