Wednesday, September 2, 2009

IPO Note: Oil India Ltd – Subscribe


Oil India Ltd, with crude oil reserves of 575mn bbls (2P) and natural gas reserves of 63.4bcm (2P) is India’s second largest national oil and gas company. Oil India currently produces about 68,511bbls of oil per day and about 6.6mmscmd of gas. Of the country’s total leased production area, the company operates in about 13.5% area, while it has a 3.5% sh



Price Band Rs 950-1050


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