Indus Gas (INDI.L) Akcja Kurs

Indus Gas Ltd. is an oil and gas exploration and development holding company. The firm explores, develops, produces, distributes, and markets hydrocarbons, including natural gas initially in India. The firm is engaged in oil and gas exploration and development in Block RJ-ON/6, Rajasthan, India. The company owns about 90% participating interest in the Block (excluding the SGL gas field, in respect of which its participating interest is 63%). The Participative Interest of the Company is held through its wholly owned subsidiaries, such as iServices Investment Limited, and Mauritius and Newbury Oil Company Limited, Cyprus. The on-shore Block RJ-ON/6, operated by an affiliate company, Focus Energy Limited (Focus), which is located in Rajasthan state in western India and covers an area of approximately 4,026 square kilometers. The Block is part of the Indus Basin, which straddles eastern Pakistan and western India. The firm sells its natural gas to GAIL (India) Limited.