MC Interview | Oil India plans to drill 33% more wells in FY25 to boost.
Sat, Feb 10, 2024 1:55 PM

MC Interview | Oil India plans to drill 33% more wells in FY25 to boost.

A Flip by Avya Verma
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State-owned Oil India Limited (OIL) plans to increase its exploration efforts in the next fiscal year by drilling 60 wells. These wells will be located in different assets across India, and this expansion is expected to be funded by a capital expenditure of Rs 14,000 - Rs 15,000 crore. OIL is also focused. But, in the overall sense of the company and cash flow movement, it will not affect us.

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