Gujarat Natural Resources Ltd updates on drilling campaign

Gujarat Natural Resources Limited and GNRL Oil & Gas Limited (GOGL), Company's step down subsidiary have initiated its 5 well drilling campaign in the Kanwara and North Kathana blocks. To ensure the drilling is completed before the monsoon season, the Companies have contracted two drilling rigs for simultaneous operations. At present, the rig services are being mobilized to prepare the drill sites in the Kanwara field, with drilling operations set to begin on 23rd March, 2025.

Shares of Gujarat Natural Resources Limited was last trading in BSE at Rs. 20.98 as compared to the previous close of Rs. 20.28. The total number of shares traded during the day was 3691480 in over 924 trades.

The stock hit an intraday high of Rs. 21.24 and intraday low of 19.27. The net turnover during the day was Rs. 72688069.00.

Source : Equity Bulls

Keywords

GujaratNaturalResources INE207H01018 GNRL GNRLOilandGas WellDrilling Kanwara NorthKathana Blocks