Vedanta

Vedanta plans to appraise an oil discovery in its H-2 well in the Krishna-Godavari Basin in the Bay of Bengal. The well, on Block KG-OSN-2009/3, encountered multiple reservoir zones in a Mesozoic sequence at 3310–4026 m. A zone at 3403–3431 m flowed oil to surface during a drillstem test. The first exploration well on the block was a gas discovery. Vedanta holds 100% operating interest in the block.