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Essar Oil group bags 4 coal bed methane blocks30/07/2010 10:22 IST
Essar Oil Ltd, Arrow Energy with its consortium, and Great Eastern Energy Corporation, on Thursday signed production sharing contracts for the acreages awarded under the fourth round of Coal Bed Methane (CBM) blocks auctions. Agreements were signed for seven blocks. Essar Oil has bagged four blocks. Arrow Energy has signed contracts for two blocks in separate consortiums with Oil India and Tata Power, respectively. While Great Eastern Energy Corporation Ltd has won one block.
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