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Corporate and Operational Update

7th Mar 2025 07:00

RNS Number : 7194Z
Indus Gas Limited
07 March 2025
 

7 March 2025

Indus Gas Limited

 

("Indus" or the "Company")

 

Corporate and Operational Update

 

Indus Gas Limited (AIM:IDNI) announces that it is still awaiting the extension to the Production Sharing Contract ("PSC") for Block RJ-ON/6. Additionally, gas sales to GAIL and associated revenue remain low. Granting an extension to the PSC is expected to facilitate a renewed contract with GAIL.

As previously announced, the Company will seek further funding as and when required from sources that may include shareholders.

 

-ENDS-

For further information please contact:

 

Indus Gas Limited

 

Jonathan Keeling

 

+44 (0) 7380 425 886

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

 

Ritchie Balmer, Rory Murphy

+44 (0) 20 7409 3494

 

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