Support and Resistance Levels
Past performance
About Antelopus Selan Energy Ltd Selan Exploration Technology Limited, founded in 1985, is a prominent private sector player in India's Oil & Gas Exploration and Production (E&P) industry, actively involved since 1992. The company gained early entry into the sector by acquiring rights to develop oilfields in Gujarat, including Bakrol, Lohar, and Karjisan. It is also engaged in seismic data acquisition for ONGC in the Cauvery Basin. Selan focuses on fields with established hydrocarbon presence, with government-approved contracts for developing these resources and commenced production in 1996.
The company has consistently expanded its operations, with significant developments such as new drilling in Bakrol and commercial sales of Associated Natural Gas since 2009. Selan's efforts in seismic evaluation and drilling campaigns, including recent activities across its fields in FY 2022-23, underscore its commitment to growth and operational excellence in the oil and gas sector. The company is also negotiating with the Ministry of Petroleum for additional fields in Gujarat, indicating potential future expansion.