Assam Onshore - Antelopus Energy

Assam Onshore (Duarmara Contract Area)

  • The Contract Area is located in the proven Assam Shelf Basin and is surrounded by many producing fields
  • The Contract Area was awarded to Oilmax Energy in Discovered Small Fields – Bid Round 1
  • Antelopus Energy farmed into the Contract Area with 50% Participating Interest & Joint Operatorship
  • We have re-interpreted the data and re-estimate the in-place volumes & also has had the estimates Certified by Gaffney Cline & Associates.
  • The overall in-place Resource potential of the Contract Area @ 120mmboe
  • the company has completed an e-anchor process for DUarmara Contract Area. The discovered gas price had (APM +0.7) $/mmbtu
  • The contract area has good fiscal terms, with average Government of India share of Revenues is <50% (this is inclusive of Revenue share and Royalty)
  • Independent Assessment of the Contract Area , also suggests that there are deeper oil pool s& our current plan is to Apprise the zones in subsequent phases.

Material Oil & Gas Development Adjacent to Existing Host Facility

Phase 1 Development Plan

  • Field Develpoemt plan has been approved by the regulator
  • Current development plan consists of drilling 6 wells ( 1 well every year) to monetize ~20mmboe of Reserves
  • All key risks including but not limited to resource risk, execution risk and market risk have been sufficiently factored in and de-risked.
  • Indradhanush pipeline commissioning will connect over gas to national gas grid thereby providing us with better realization


Unit No. 455-457, 4th Floor,
JMD Megapolis Sector 48,
Sohna Road Gurgaon HR 122018 IN

0124 – 4067080


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