After debt resolution, Essar Oil lines up Rs 1,200-crore capex

After implementing the debt resolution plan, Essar Oil and Gas Exploration and Production (EOGEPL) has lined up a capital expenditure (capex) of Rs 1,200 crore till FY27. The capex by the company focuses on unconventional hydrocarbons (UHC). It involves drilling of 210 new wells and refraction of existing 348 wells in Raniganj block during the […]