7th Oct 2008 07:00
For Immediate Release 7th October 2008
Indus Gas Limited
("Indus" or "the Company")
Spudding OMM-1 Well
Indus Gas Limited (AIM: INDI.L), an oil & gas exploration and development company with assets in India, is pleased to announce the spudding of the OMM-1 well in Block RJ-ON/6 in the mid Indus basin, India.
The OMM-1 well is located within the SGL Field, approximately 1 km to the NE of the SGL -1 discovery well and approximately 1.4 km SW of the SGL-2 gas well. The OMM-1 well will initially target the Sanu formation (D2 sandstone). The ZJ40 rig is being used to drill the well, having recently been moved from the SSF-2 well location.
For further information please contact:
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Indus Gas Limited |
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Ajay Kalsi |
CEO |
+44 (0)20 7877 0022 |
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John Scott |
CFO |
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Arden Partners plc |
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Richard Day |
+44 (0)20 7398 1600 |
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Adrian Trimmings |
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Pelham PR |
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Philip Dennis |
+44 (0)20 7743 6363 |
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