Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka expands oil exploration to South
Tue, Jul 17, 2012, 02:07 pm SL Time, ColomboPage News Desk, Sri Lanka.

July 17, Colombo: Sri Lanka has decided to expand the oil exploration activities from Mannar in the northwest to Galle in the South next year, Saliya Wickramasuriya, the Director General of Petroleum Resources Development Secretariat has said.

Following the discovery of gas and liquid hydrocarbons deposits in two out of the three wells drilled last year by Cairn Lanka, this year the government has decided to offer up to 10 offshore blocks in the Cauvery and Manner basins.

Currently the results are being evaluated and the results in combination with further interpretation of the existing 3D data, will form the basis for the 2013 drilling campaign, the Director General has said.

According to Wickramasuriya the Secretariat plans to offer up to 10 offshore blocks for exploration under the upcoming Sri Lanka 2012 bid round.

Upon the successful completion of the first phase, Cairn Lanka, a wholly owned subsidiary of Cairn India, has recently acquired a further 600 square kms of 3D seismic data in their current block and now engaged in the second phase of oil exploration in Sri Lanka.



ColomboPage - Recent 10 Stories
Sri Lanka, China sign 27 agreements to deepen Strategic Cooperative Partnership
-- [4 hours ago]
Sri Lanka Central Bank enters into a 3-year US$ 1.63 billion currency swap agreement with China bank
-- [5 hours ago]
Nepal FM to arrive in Sri Lanka to hand over invitation for SAARC summit in Kathmandu
-- [5 hours ago]
Last phase of Sri Lanka's China-built Norochcholai Power Plant commissioned
-- [6 hours ago]
Seminar on Japanese university education for Sri Lankan students on September 20
-- [7 hours ago]
British Deputy High Commissioner visits Sri Lanka's Eastern Province
-- [8 hours ago]
Fuel, electricity rates reduced in Sri Lanka to appreciate China-Sri Lanka friendship
-- [8 hours ago]
Chinese President calls for profound China-Sri Lanka friendship
-- [9 hours ago]
Sri Lanka arrests Chinese national for attempting to smuggle birds' nests
Sri Lankan President welcomes Chinese President at BIA

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.