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* 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.



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