The company
is in technical tie-up with Canoro Resouces, a Canada based company
for the development block - Amguri and the exploration block AA-ON/07.
Canoro Resources, a Canadian company has expertise in the oil and gas
business worldwide. Canoro is a public company listed on Calgary stock
Exchange. Canoro has raised private placement financing, coupled with
a short form public offering, to raise the necessary capital to fund
its initial projects in India. It has already spent more than $6 mn
Canadian Dollars on initial data acquisition and exploratory work of
the fields. Canoro is the operating partner and ACL is a joint venture
partner. |
 |
