Selan Exploration Technology (Selan) has entered into a farm in farm out agreement with Synergia Energy and its group company on 14 February 2024, to acquire 50% participating interest in Cambay Field. The Cambay Field is a producing Oil and Gas Field. Both Synergia Energy and Selan are focused on developing the Cambay PSC Eocene gas and gas condensate reservoir which contains independently certified 2P gas resources in excess of 200 BCF. Powered by Capital Market - Live News

Net profit of Selan Explorations Technology declined 20.76% to Rs 6.03 crore in the quarter ended December 2023 as against Rs 7.61 crore during the previous quarter ended December 2022. Sales rose 52.02% to Rs 43.57 crore in the quarter ended December 2023 as against Rs 28.66 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales43.5728.66 52 OPM %16.8922.96 - PBDT9.759.90 -2 PBT8.859.26 -4 NP6.037.61 -21 Powered by Capital Market - Live News

Selan Explorations Technology will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Selan Explorations Technology will hold a meeting of the Board of Directors of the Company on 22 November 2023.Powered by Capital Market - Live News

Net profit of Selan Explorations Technology rose 6.92% to Rs 9.42 crore in the quarter ended September 2023 as against Rs 8.81 crore during the previous quarter ended September 2022. Sales rose 20.10% to Rs 39.19 crore in the quarter ended September 2023 as against Rs 32.63 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales39.1932.63 20 OPM %27.1531.66 - PBDT13.4712.24 10 PBT12.6711.59 9 NP9.428.81 7 Powered by Capital Market - Live News