Stockle - the stock oracle

Vedanta Ltd

US:VEDL
No current share price held for this company.

Past year: ▲ 152%(6.56 – 16.50 USD)

Market cap
—
Shares on issue
—
Story beats
14 since 2012
Last event
19 Nov 2021

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

28 Mar 2019drilling result▲ Good

Vedanta reported an oil discovery in its second exploration well, H2, in block KG-OSN-2009/3 in the Krishna-Godavari Basin, where it holds 100%. A zone tested by drill stem test flowed oil to surface, but the filing says further appraisal is needed to establish size and commerciality. The first well in the block was a gas discovery, and the forward programme is still to be finalised.

Discuss in chat