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Interlink Petroleum provides update on transfer and assignment of Baola & Modhera Fields

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Receives PSC amendment letter from Directorate General of Hydrocarbons

Interlink Petroleum announced that with reference to signing of binding MOU with Sun Petrochemicals for transfer and assignment of Baola & Modhera Fields, the Directorate General of Hydrocarbons, Ministry of Petroleum & Natural Gas, Government of India, has communicated Production Sharing Contract (PSC) amendment resulting from assignment of Exploration, Development, Production and Sale of produce related to the contract area "Baola and Modhera Field" vide their letter dated 10 June 2016 received by the Company on 13 June 2016.

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First Published: Jun 14 2016 | 6:20 PM IST

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