- Incorporated in 1985
- Began Oil Exploration and Production in 1992.
- 1st among private sector companies to obtain rights to develop 3 discovered oil fields in Gujarat. Subsequently awarded 2 more fields in Gujarat.
- Government will procure entire production: Hence there is no marketing risk.
- Statutory and regulatory clearances have become increasingly complex.
- Holds 130 Cr cash against market cap of 443 Cr.
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