Oilex said it was the first gas to be sold from the Y zone in the Eocene EP-IV formation which it estimates to contain 206 billion cubic feet of gas and 8 million barrels of oil in proven plus probable reserves.
"The commencement of gas production from Cambay-73 facilities is a significant milestone for Oilex and marks the first step on the path to achieving positive cash flow from operations in India,” Oilex managing director Ron Miller said.
“Oilex
