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OIL AND NATURAL GAS CORPORATION LTD. - Oil & Natural Gas Corporation Ltd reply to clarification sought by the exchange
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15 Dec 2014
The Exchange has sought clarification from Oil &amp; Natural Gas Corporation Ltd with respect to the news item in Business Standard on December 11, 2014 titled &quot;ONGC bags offshore block in New Zealand&quot;&lt;BR&gt;&lt;BR&gt;Oil &amp; Natural Gas Corporation Ltd has replied stating &quot;In this connection, we would like to clarify that ONGC Videsh has been awarded an Exploration block in Taranaki basin, New Zealand in the bidding round block offer-2014 by the Government of New Zealand. ONGC Videsh had submitted its bid for this exploration block in October 2014.&lt;BR&gt;&lt;BR&gt;The exploration permit has been awarded to ONGC Videsh by Mr. Simon Bridges, Hon&apos;ble Minister of Energy and Resources, Government of New Zealand at a formal ceremony held at Wellington in the Parliament on Tuesday, the 9th December 2014. The related news item was released in the official website of New Zealand Government (http://www.beehive.govt.nz/releases) on 9th December 2014 itself. This news item may have been picked by the independent reporters from the website and published.&quot;
View all announcements for OIL AND NATURAL GAS CORPORATION LTD. Source: BSE India