Selan Exploration Technology Ltd has received a Letter from the Ministry of Petroleum and Natural Gas stating they have approved the proposal for grant of extension of 10 years w.e.f. 13.03.2020 for the entire contract area measuring 5 Sq. Km of Lohar Field.
The letter further requests the Directorate General of Hydrocarbons to inform the Company about the approval of extension of the PSC for the Lohar field, as per extant policy for extension of PSC for small, medium and discovered field, 2016.
Shares of SELAN EXPLORATION TECHNOLOGY LTD. was last trading in BSE at Rs.178.25 as compared to the previous close of Rs. 178.75. The total number of shares traded during the day was 5324 in over 122 trades.
The stock hit an intraday high of Rs. 180.35 and intraday low of 177. The net turnover during the day was Rs. 950205.