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Q.

Will Cairn India become another ONGC in the next 5 years? Please give your frank opinion.

Asked by Good Citizen, 21 Dec '09 01:52 pm
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Answers (5)

1.

No, i dont think so that it can be soon but yes in the far fetched future it might happen but not in the next decade!!
Answered by dharamender nebhnani, 21 Dec '09 07:13 pm

 
  
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2.

Not within another 5 years ,but certainly in the long run.It is a must in a good investment portfolio.Currently showing weakness n may test 264,259 n 252.But a target of 600 + in next five years can not be ruled out.It is in my portfolio.
Answered by Damodar Biswal, 21 Dec '09 02:43 pm

 
  
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3.

No it will be better
Answered by RSehgal, 13 Apr '10 10:54 pm

 
  
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4.

Cairn India, the domestic subsidiary of Edinburgh-based oil explorer Cairn Energy, and state-owned ONGC will jointly invest
$4 billion
(Rs 20,000 crore) to scale up the production capacity of their oil fields at Barmer in Rajasthan by 25,000 barrels of oil per day (bopd) to two lakh bopd. They had earlier revised their production target from 1.50 lakh bopd to 1.75 lakh bop
By 2011, Cairn and its joint venture partner will invest up to $4 billion on the development of Mangla, Bhagyam and Aishwarya fileds. The investment
will be shared between Cairn India and ONGC in the ratio of 70:30 in line with their equity holding in the oil fields.
THESE ARE REPORT ON ET
THERE ARE ALSO OF THE OTHER PROJECT SO HOPE IT IS NEXT ONGC
Answered by vivek singh, 21 Dec '09 01:59 pm

 
  
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5.

Never
Answered by sushil trivedi, 21 Dec '09 01:55 pm

 
  
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