Profit from this tiny growth oriented domestic crude producerGlobal geo politics is bound to keep oil prices and USD both from weakening relative to the Indian rupee and this augurs well for this little domestic crude producer.
Oak Tree Capital & ICE Canyon Capital has taken over this company and since then company performance has changed phenomenally.
A merger is on the cards with the parent Antelopus Energy, the arm through which Selan was acquired by the PE firms.
New fields, blocks and explorations are set to drive the volume growth for this company and it should be reporting steady growing profits in the quarters to come...