Schlumberger company to get NELP-III roadshow mandate

Vol 5, PW 22 (19 Dec 01) News in Brief

Schlumberger group company Indigopool will get the road show mandate for NELP-III.

PETROWATCH learns the letter appointing them will be issued this week by the oil ministry. The NELP-III roadshow dates and locations are yet to be decided and ministry officials reckon they are behind schedule by about 45 days in comparison to the NELP-II timetable.

We are told that officials from the Directorate General of Hydrocarbons and the oil ministry are hard at work drawing up the final list of blocks and preparing data packages. "We think will be able to issue the Notice Inviting Offers between sometime in January or February."