Damon Evans, SINGAPORE: Cairn India has made a second gas discovery in Sri Lanka’s offshore Block SL 2007-01-001. The find is expected to spur further interest in the country’s upcoming licensing round in the frontier Mannar basin.
The Barracuda 1/G1 probe, drilled in waters over 1,500 metres deep, to a depth of 4,700 metres, hit three petroleum-bearing formations with gas and an indication of liquid hydrocarbons. The find is the second successive discovery – lying some 38 km west of the...