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India: Cairn Oil & Gas gross Reserves plus Resources exceeds 1 1 billion barrels of oil equivalent

Cairn Oil & Gas, India s largest private oil and gas exploration and production Company, and a unit of Vedanta Group, has announced that its Reserves and Resources portfolio has crossed 1.1 Bboe. The Company plans to drill up to 20 exploration wells in the next two years targeting approx. 500 MMboe gross unrisked Prospective Resources.

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