| Thailand's Energy Ministry on January 21 awarded concession rights for 13 onshore and offshore oil and gas blocks, with Adani Welspun Exploration winning onland Block L22/50, said Company Chief Executive Officer B Mathur. |
| Block L22/50 measures 3,957 sq km in area and lies in western Thailand. AWEL had previously won 3,975 sq km Block L39/48 in the north eastern part of Thailand, near the southern rim of Khorat Plateau and towards the edge of Greater Khorat Basin. The block is situated 350 km from Bangkok and 100 km from Khon Kean city. |
| "We are in midst of planning and executing seismic and drilling activities in these blocks as well as actively pursuing new business opportunities in India and globally," said Mathur. |
| The 13 blocks awarded this week are part of the 56 onshore blocks and nine offshore blocks in the Gulf of Thailand, spanning 2,35,606 sq kms, which are being offered in the 20th petroleum concession bidding round of Thailand. |
| Companies have, until May 2008, to submit bids for the other blocks. The Department of Mineral Fuels would evaluate each set of bids on the 15th of every month until the end of the bidding round on May 22, 2008. |
| Adani Group has interests in natural gas distribution, ports and power, while Welspun Group is into making pipes for the oil and gas industry. |
| AWEL has majority working interest in two onland exploration blocks in India "" CB-ONN-2004/5 and AA-ONN-2004/4 "" that were awarded during sixth auction round under the New Exploration Licensing Policy (NELP). |
| Block CBONN-2004/5, measuring 75 sq km, is located in Cambay Basin, while 95 sq km Block AAONN-2004/4 is located in the Schuppen belt of Assam Arakan Basin, and lies to the south east of Digboi oil field and south west of Kharsang oil field. |
| Mathur said AWEL was likely to bid for blocks offered in the latest NELP-VII round. |
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