Indus Gas Ltd (INDI) Ord GBP0.01
Indus Gas Limited is engaged in the business of oil and gas exploration, development and production. The Company is focused on oil and gas exploration and development in Rajasthan, India in Block RJ-ON/6. The Company owns a participating interest in the Block (excluding SGL gas field). The Participative Interest of the Company is held through its subsidiaries, iServices Investment Limited and Newbury Oil Company Limited. The Block measures an area of approximately 2,176 square kilometers (post Declaration of Commerciality (DoC)) and lies onshore in the mid Indus Basin. The on-shore Block RJ-ON/6 is located in Rajasthan state in western India and covers an area of approximately 4,026 square kilometers. The Company has a product natural gas and its by product condensate. The Company supplies natural gas to a customer, GAIL (India) Limited, in India.
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