Thursday, February 12, 2009

No oil reserve in Ganga basin, Cairn calls off exploration

Darbhanga (Bihar), Feb 13 : Oil exploration major Cairn India has wound up its work in Ganga basin area of Bihar&aposs Darbhanga district after failing to trace oil reserve.
District Magistrate Arun Prasad said today the company, which had started the drilling work in May 2008 at Hawidih village after taking 4.5 hectare of lands on lease from farmers, decided to wind up operations as scientific tests of mud extracts after digging showed no signs of oil reserve.

Cairn had secured the contract for oil exploration work at Hawidih village under Baheri block.

Meanwhile, the first consignment of heavy machines, used for drilling purposes, has left Darbhanga for Barmer in Rajasthan.

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