Exploration activities underway in the Palar-Pennar blocks

Palar-Pennar Basin: PR-OSN-2004/1 (Operator: Cairn, Oil & Gas vertical of Vedanta Limited, 35% participating interest)

This block is located between discoveries at the Krishna-Godavari and Cauvery basins. After interpretation of 2D and 3D seismic data, three prospects were identified for drilling and exploration activities are underway. Further to agreement with the Government of India regarding restricted boundary, the Ministry of Petroleum and Natural Gas (MoPNG) granted excusable delays and approved a further extension of Exploration Phase I. Approval for a special dispensation period of 30 months was granted on 31 December and the revised date of the expiry of Phase-1 is now 30 June 2017.

asset map

The map shows Cairn’s assets – one block in Rajasthan, two on the west coast and four on the east coast of India and one in South Africa.