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 Army to open third wellness resort for handicapped soldiers in Kurunegala
-- [2 hours ago]
Prime Minister to table a bill in parliament on the conduct of Sri Lanka's Buddhist monks
-- [2 hours ago]
Sri Lanka's Speaker asked to hold formal inquiry into the attack on main opposition MPs
-- [3 hours ago]
High-powered Pakistan defense delegation to visit Sri Lanka
-- [3 hours ago]
Sri Lanka seeks assistance from diplomatic community to nab overseas LTTE leaders
-- [3 hours ago]
No room for any injustice to any community in Sri Lanka, President assures
-- [4 hours ago]
Presidential Commission probing disappearances in Sri Lanka receives complaints on ruling party Tamil politicians
-- [5 hours ago]
Sri Lankan government considers a limit on duration of visa for foreign journalists
-- [6 hours ago]
CEO of extremist Buddhist organization in Sri Lanka writes to President over threats to his life
Attacked opposition MPs of Sri Lanka ponder legal action

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.