Govt calls for exploration bids in block M2, Mannar Basin

survey mannar cauvery oil

Jan 18, 2019 (LBO) – Sri Lanka’s government has called for international competitive bids for exploration and development activities in Block M2, Mannar Basin, the Petroleum Resources Development Secretariat said.

The M2 Block covering approximately 3,500 km2, has two gas discoveries, Dorado 91H/1z and Barracuda 1 G/1 and a number of un-drilled prospects,  it added.

The bidders are expected to consider both development of the discoveries and exploration of the rest of the M2 block.

Bids will close on May 7, 2019.