Oil drilling in Mannar basin

Positive results by next year - Indian company:

Chaminda PERERA

The Indian company involved in drilling in Mannar basin for oil and gas resources yesterday said that positive results can be expected by the first quarter of next year.

According to a senior officer of Cairn India who wished to remain anonymous, over 70 Indian and foreign engineers who are experts in the oil exploration process, have been deployed for oil drilling activities in the Mannar basin.

He said a modern ship has been deployed for oil exploration in the Mannar basin. "This fifth generation ship has never been deployed in this region for oil exploration," he said. He said the ship deployed in the Mannar basin is very advanced and it can penetrate deep in search of oil and gas resources.

This company is involved in oil exploration activities in a number of off shore and inshore sites in India, including Rajasthan, where the daily output of crude oil exceeds 120,000 barrels.