Stability in crude oil price and Mumbai's resource based project B-80 by HOEC | P Elango to ET Now
Video description:
P Elango, Managing Director at Hindustan oil Exploration Company talks to ET Now about the crude prices and how Hindustan oil Exploration Company's cost of production has gone down. He says, after the big crash that happened, crude prices have increased. He also explains the oil company's excellent discovery of resource-based project Mumbai High which is called B-80. This was a small field discovered in which the company did a two-well drilling campaign and found resources that can produce around 8,000 barrels of oil. The oil consists of 5,000 barrels of oil and 3,000 barrels of oil equivalent to gas. It is also said that the Hindustan oil Exploration Company holds 50 percent of stake in the block. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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