Antelopus Selan Energy Ltd-$
Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, please find attached announcement on the award of Contract Area KG/ONDSF/KG ONLAND/2025 & CB/ONDSF/CAMBAY ONLAND/2025 under the ....
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 01 Sep 2026, 04:31 PM IST · BSE ID: ad341ea9-3c3d-4b0d-8898-9959b0681f07
View Original BSE Filing (PDF)
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In Simple Terms
The company has secured rights to explore and develop two new onshore oil and gas blocks in India.
🤖 AI Summary
- Antelopus Selan Energy awarded two onshore contract areas under DSF Bid Round-IV.
- Contract areas are KG/ONDSF/KG ONLAND/2025 (KG Basin, Andhra Pradesh) and CB/ONDSF/CAMBAY ONLAND/2025 (Cambay Basin, Gujarat).
- Award approved by Government of India, communicated by Directorate General of Hydrocarbons (DGH).
- Subject to execution of Revenue Sharing Contract (RSC) with the President of India.
🏢 How This Affects the Company
The award of these two contract areas significantly expands the company's operational footprint in the Krishna Godavari and Cambay Basins, adding substantial acreage to its portfolio. This strengthens its presence in Andhra Pradesh and Gujarat.
The filing does not provide specific financial valuations or investment figures for these contract areas. Further details will be disclosed upon the execution of the Revenue Sharing Contracts.
These awards are expected to contribute to the company's continued growth trajectory by adding new development opportunities to its operational base in Gujarat and Andhra Pradesh.
The award is contingent on the execution of a Revenue Sharing Contract, introducing a procedural risk until this is finalized. Operational risks related to exploration and production are inherent in this sector.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders. Investors should monitor for the execution of the Revenue Sharing Contract for further details.
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Who Is Affected
All shareholders are affected by the company's strategic expansion into new exploration areas, which is fundamental to its long-term business strategy.
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Management Signal
This award signals management's intent to actively pursue and secure growth opportunities within India's upstream oil and gas sector.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Execution of Revenue Sharing Contract (RSC) for both contract areas.
Disclosure of bid work programme, commercial terms, and area maps.
Future operational updates on exploration and development activities.
MEDIUM RISK
Award is subject to finalization of Revenue Sharing Contract; inherent exploration and production risks apply.
💡 Investor Takeaway
Antelopus Selan Energy secured two onshore contract areas, KG/ONDSF/KG ONLAND/2025 and CB/ONDSF/CAMBAY ONLAND/2025, under DSF Bid Round-IV, subject to Revenue Sharing Contract execution.
⚖️ Strengths & Concerns
✅ Positives
- Awarded two high-quality onshore blocks under DSF Bid Round-IV, expanding company's acreage.
- Strengthens presence in Gujarat and Andhra Pradesh where the company already operates.
❓ Frequently Asked Questions
What contract areas has Antelopus Selan Energy been awarded?
Antelopus Selan Energy has been awarded Contract Area KG/ONDSF/KG ONLAND/2025 and CB/ONDSF/CAMBAY ONLAND/2025.
Under which bid round were the contract areas awarded?
The contract areas were awarded under the Discovered Small Field (DSF) Bid Round-IV.
Where are these contract areas located?
Contract Area KG/ONDSF/KG ONLAND/2025 is located onshore in the Krishna Godavari Basin, Andhra Pradesh, and CB/ONDSF/CAMBAY ONLAND/2025 is located onshore in the Cambay Basin, Gujarat.
What is the next step after the award notification?
The award is subject to the execution of a Revenue Sharing Contract (RSC) between the President of India and the Company.
Questions based on this BSE filing only. For information purposes.