Gujarat Natural Resources

Gujarat Natural Resources Limited is a company engaged in the business of Oil and Gas exploration, conducting its operations mainly through its wholly-owned and step-down subsidiary companies. The company plans to expand its business focus by setting up Solar, Wind, or Hybrid Parks, recognizing the immense potential in renewable energy and power generation. Its step-down subsidiary, GNRL Oil & Gas Limited, holds participating interests in six producing blocks located within the prolific Cambay basin in India. Within these key areas, GNRL Oil & Gas Limited also serves as the operator for five of the six producing blocks, managing their day-to-day activities. To boost its operations, the company has launched a strategic seven-well drilling campaign with an estimated investment of approximately 69 crores rupees. This campaign is designed to significantly increase the company's proven reserves, targeting an upgrade of more than 20 million barrels of oil equivalent.;