Selan Explorations Technology Ltd
Selan Explorations Technology Ltd Company History
Selan Explorations Technology is engaged in the business of oil & gas exploration and production. The Company has signed Production Sharing Contracts (PSCs) with Government of India (GOI) for Bakrol, Lohar, Ognaj and Karjisan fields. The Company has surrendered the Ognaj oilfield due to rapid urbanisation in the block area. However, Government approval is pending to complete the process of surrender.
2004
Selan Exploration Technology enters into agreement with Ministry of Petroleum & Natural Gas.
2004
2005
Ministry of Petroleum and Natural Gas (MoPNG) & the Company has signed a Production Sharing Contract (PSC) for the Karjisan gas field, located in Gujarat.
2005
2006
Re-appointment of Mr S K Singh & Mr V B Mahajan as Directors of the Company.
The Company has also re-appointed Mr P S Oberoi as a Manager of the Company.
2006
2007
Re-appointment Mr. Aroon Mahajan & Dr. B K Barman as Directors of the Company.
Appointment of Mr. Rohit Kapur as Managing Director of the Company.
2007
2008
The Company has recommended a 15% Maiden Dividend (i.e. Rs 1.50 per equity share) on Equity Shares of Rs 10 each.
Energy and Petrochemicals Department (EPD), Government of Gujarat has granted the Mining Lease for development of OGNAJ oilfield to the Company.
Registered Office of the Company has been shifted From J-47/1, Shyam Vihar, Dindarpur, Najafgarh, New Delhi-110043.
2008
2010
The Company has approved a bonus issue of shares in the ratio of 1:10 (i.e. 1 bonus share for 10 equity shares held).
2010
2011
Mr Andrew Wenk as President and CEO of the Company.
The Company has approved a bonus issue of shares in the ratio of 1:10.
2011
2012
Ms. Deepa Bhalla has been appointed as Compliance Officer of the Company.
2012
2013
Selan Exploration Technology have declared an Interim Dividend of 50% (i.e. Rs. 5.00/- per equity shares).
2013
2014
Selan Exploration Technology declared an Interim Dividend of 50% (i.e. Rs. 5.00/- per equity share).
2014
2023
''Re-Commencement of Commercial Production from Karjisan Field''.
2023
