Operational update of drilling campaign by Gujarat Natural Resources Ltd & its Subsidiary

Gujarat Natural Resources Limited (GNRL), and its step-down subsidiary, GNRL Oil & Gas Limited (GOGL), have announced regarding the drilling campaign being undertaken by the Company.

GNRL has successfully completed the fourth well, K#17, on Tuesday, 11th November, 2025, in the Kanawara Field. K#17 is an appraisal-cum-development well drilled to test and confirm the presence of hydrocarbons in a new fault block where no prior wells had been drilled.

We are pleased to inform that this well has encountered a 24-meter hydrocarbon zone and has established the presence of producible hydrocarbons.

This positive outcome reinforces the hydrocarbon potential of the field and is expected to enhance GNRL's oil and gas reserves base.

Shares of Gujarat Natural Resources Limited was last trading in BSE at Rs. 91.99 as compared to the previous close of Rs. 89.06. The total number of shares traded during the day was 640768 in over 325 trades.

The stock hit an intraday high of Rs. 93.45 and intraday low of 88.01. The net turnover during the day was Rs. 57892309.00.

Source : Equity Bulls

Keywords

GujaratNaturalResources INE207H01018 DrillingCampaign Update