Last 411.00 GBp
Change Today 0.00 / 0.00%
Volume 0.0
INDI On Other Exchanges
Symbol
Exchange
London
Frankfurt
As of 11:35 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

indus gas ltd (INDI) Snapshot

Open
411.00 GBp
Previous Close
411.00 GBp
Day High
411.00 GBp
Day Low
411.00 GBp
52 Week High
07/16/13 - 990.00 GBp
52 Week Low
07/10/14 - 395.00 GBp
Market Cap
752.0M
Average Volume 10 Days
1.8K
EPS TTM
0.02 GBp
Shares Outstanding
183.0M
EX-Date
--
P/E TM
405.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for INDUS GAS LTD (INDI)

Related News

No related news articles were found.

indus gas ltd (INDI) Related Businessweek News

No Related Businessweek News Found

indus gas ltd (INDI) Details

Indus Gas Limited operates as an oil and gas exploration and development company in India. The company is primarily engaged in the exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. It holds a 90% participating interest in the Block RJ-ON/6, a petroleum exploration and development concession covering an area of approximately 4,026 square kilometers located in onshore mid Indus basin, Rajasthan. The company was incorporated in 2008 and is based in St Peter Port, the Channel Islands.

Founded in 2008

indus gas ltd (INDI) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

indus gas ltd (INDI) Key Developments

Indus Gas Limited Announces Board Changes

Indus Gas Limited announced that Non-executive Director John Behar will cease to be a Director of the company on the June 30, 2014. In addition, Non-executive Director Marc Holtzman will have completed two three-year terms on the Board, is currently residing in Asia and has increasing commitments in other roles. He is to step down from the Board of Indus and has informed the company that he will not seek re-election to the Board of Directors at the forthcoming Annual General Meeting later this year.

Indus Gas Ltd. Presents at Credit Suisse Energy Conference, Jun-03-2014 through Jun-04-2014

Indus Gas Ltd. Presents at Credit Suisse Energy Conference, Jun-03-2014 through Jun-04-2014. Venue: Credit Suisse offices, 20 Columbus Courtyard, Canary Wharf, London E14 4QJ, United Kingdom. Presentation Date(s): Jun-03-2014. Jun-04-2014.

Indus Gas Ltd. Provides Operational Update on RJ-ON/6 Block

Indus Gas Ltd. announced progress on the operational matters concerning the RJ-ON/6 Block. The current drilling programme is progressing on schedule and producing positive results. The programme has been designed to achieve two key objectives. Firstly, additional production wells have been drilled in the SGL area of the Block to service gas sales commitments and secondly, appraisal drilling and testing has continued in the southern half of the Block. In the first four months of this year additional testing of a number of wells in the SGL area has also been completed. This testing has focused primarily on the Pariwar formation and the results further support the coverage of both P10 and P20 Pariwar gas production potential across the Block. TIRATH # 2 (3474m) Appraisal Well: Tirath-2 is located 14 km to the northwest of the SGL development area in the extreme northern part of the RJ-ON/6 block area. The well was drilled to 3474m covering the entire target interval of the B & B formation. Strong gas shows were encountered during drilling in B & B reservoir sands. The well has been completed and is due for perforation and further testing work. EPN # 1 (3357m) Appraisal Well: Well EPN # 1 is situated in the western part of RJ-ON/6, 9 km to the south of the SGL development area. The well terminated in the lowermost part of the P-10 reservoir zone of the Pariwar formation. Multiple gas shows were encountered during drilling throughout the Pariwar section. To date this well has been perforated in the P-10 reservoir zone section and successfully tested gas to surface with a recorded FTHP of 2,175 psi through an 8mm choke at a producing rate of 3.246 mmscf/d. There are several other zones available which can be taken up for testing and production at a later stage of well life. A-11-7 (3519m) Appraisal Well: Well A-11-7 falls outside of the SGL Development area (approx. 3 km to the south) in the western part of RJ-ON/6 and terminated in the lower section of the Pariwar P-10 reservoir zone. Several gas shows and drill breaks were observed whilst drilling in the Pariwar formation. Based on wireline logging and gas shows this well was perforated in the P-20 (upper) reservoir sand zone of the Pariwar formation. The well has successfully tested the flow of gas to surface, with a recorded FTHP of 1500 psi through an 8mm choke at a producing rate of 2,776 mmscf/d. SX # 4 (4427m) Appraisal Well: This well is located in the south-western part of the RJ-ON/6 block 24km to the south of the SGL field development area. The well terminated in the basal parts of the B & B formation. During drilling, good shows were encountered in the Pariwar and B & B formation target zones. An open-hole DST in the Pariwar formation has flowed gas to surface with a recorded FTHP of 100 psi through a 1/4" choke. Given the tight nature of the formation (particularly the B & B target zones) this well is also being completed with very high grade special thread casing to enable hydro fracturing stimulation work to fully assess the gas flow potential from key target zones. During drilling, core samples from gas bearing target sands of the upper B & B formation have been recovered from this well to allow further analysis in order to establish the properties of the B & B reservoir rock. A core study is being carried out at the Weatherford laboratory in Houston with the aim of developing and improving hydro fracturing techniques to assist with exploiting the potentially large gas resources from the tight B & B formation target sands in this area. SX # 6: (4487m) Appraisal Well: This SX # 6 well has been drilled to 4,487m penetrating the entire Pariwar formation and all key target zones down to the lowermost sands of the B & B formation. The well is located in the south-western part of the RJ-ON/6 block around 18 km to the south of the SGL Field development area. During drilling good gas shows and drill breaks were observed in the upper and lowermost sand of the B & B formation. This well is being completed using very high grade special thread casing as it will be further assessed and targeted for hydro fracturing stimulation to fully appraise the flow potential of gas from the B & B formation reservoir zones. SGL # 14 (3359M) Development Well: SGL # 14 was drilled in the western part of the SGL development area & terminated in the lower section of the Pariwar P-10 reservoir zone. The well encountered good gas shows during drilling in P-10 and P-20 zone target sands of the Pariwar formation. Based on wireline log data and gas data review this well is currently perforated in the P-10 sand zone and successfully tested a flow of gas to surface with a recorded FTHP of 1660 psi through an 8 mm bean at a producing rate of 3.219 mmscf/d. This well has also penetrated several other gas bearing zones in the Pariwar formation which can be considered for testing at a later stage of well life.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
INDI:LN 411.00 GBp 0.00

INDI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Amerisur Resources PLC 60.00 GBp 0.00
Gulf Keystone Petroleum Ltd 90.75 GBp 0.00
Ophir Energy PLC 204.10 GBp -1.20
Petroceltic International PLC €1.95 EUR 0.00
RusPetro PLC 15.50 GBp 0.00
View Industry Companies
 

Industry Analysis

INDI

Industry Average

Valuation INDI Industry Range
Price/Earnings 100.0x
Price/Sales 87.2x
Price/Book 20.5x
Price/Cash Flow 324.3x
TEV/Sales 87.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INDUS GAS LTD, please visit www.indusgas.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.