Oil & Natural Gas Corporation Limited

BOM:500312 ISIN:INE213A01011

May 26, 2012

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Oil & Natural Gas Corporation Limited Company Summary

Oil and Natural Gas Corporation Limited (ONGC) is mainly engaged in the oil exploration and production activities. ONGC Videsh Limited (OVL) is a wholly owned subsidiary of the Company. ONGC has established 6.42 billion tons of in-place hydrocarbon reserves with more than 300 discoveries of oil and gas. Out of these In-place hydrocarbons in domestic acreages, Ultimate Reserves are 2.29 Billion Metric tons (BMT) of Oil Plus Oil Equivalent Gas (O+OEG). It produces 762.3 Million Metric Tons (MMT) of crude and 440.7 Billion Cubic Meters (BCM) of Natural Gas, from 115 fields. OVL’s projects are spread out in Vietnam, Russia, Sudan, Iraq, Iran, Libya, Myanmar, Syria, Qatar, Egypt, Cuba, Nigeria Sao Tome Principe, Brazil, Nigeria and Columbia. OVL has participation in 29 E&P Projects in 15 Countries. Out of the existing 29 Projects, OVL is operator in 14 projects and joint operator in two projects in nine countries.

COMPANY DATA

	Principal Sector	Energy

	Principal Industry	Energy

	Homepage	www.ongcindia.com

Key Developments: Oil & Natural Gas Corporation Limited

	Asian Markets Overview of April 22 APR 22, 2009 13:57 - Article Views: 6,583 Most Asian major markets rebounded on Wednesday morning as investors' sentiment was boosted by gains on Wall Street overnight. Asian stocks fell massively Tuesday with most declines in financial sector.

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