"The chances of oil and natural gas reserves in
"According to experts, it shows the likely presence of reserves," he said.
Cairn Energy India Ltd (CEIL) began an aero-magnetic survey in Bihar"s Ganges basin - comprising 12 districts spread over 15,500 sq km - for oil and natural gas last month, the first such exploration in the state. CEIL was given a seven-year license for exploration work in the first phase.
A specially designed airplane was hired from
Indian energy major Oil and Natural Gas Corporation (ONGC) has the license for the second phase of the survey in 8,000 sq km of Purnea district. After CEIL, the ONGC will also start its survey.
"It will be a turnaround for
It could be a new resource of energy for Bihar as well as
PIN/THE TIMES OF INDIA
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