Stock update - ONGC.
>> Tuesday, November 18, 2008
ONGC said the two blocks were located in the Llanos Basin and Sinu San Jacinto Basin.Indian state-run energy firm Oil & Natural Gas Corp said on Tuesday its wholly owned unit ONGC Videsh Ltd had won two exploration blocks in Colombia.
ONGC accounts to India 78% of Oil production.
ONGC Videsh will hold 100% interest in the Llanos basin block and 50% in the other block.
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