Essar Oil and Gas Exploration and Production Ltd. (EOGEPL) for the primary quarter reported internet revenue of ₹81 crore, up 12% as in contrast to the year-earlier interval on revenue of ₹190 crore, which was down 14% as in contrast with the year-earlier interval on softening of crude oil costs by 24%.
Pankaj Kalra, Chief Executive Officer, EOGEPL, in an announcement mentioned, “Since the commissioning of the Urja Ganga Pipeline, we had a single vision of unlocking the full potential of the block, and the team has consistently delivered strong operating performance sequentially.”
“EOGEPL is right on track to create India’s largest unconventional gas platform, contributing to India’s vision of becoming a Gas- Based Economy by the next decade. The company continues to set new benchmarks within the industry, growing its reserve base, bringing in new technologies, enhancing gas production and optimising cost,” he added.
