Oil India Libya Block 95/96 Hydrocarbon Discovery

Oil India Limited announces a new gas and oil discovery in its overseas Block Area 95/96 in Libya's Ghadames Basin.
The discovery is the fifth in the block, confirmed by Libya's National Oil Corporation after testing of the A1-96/02 well.
The consortium, including OIL with 25% interest, plans further appraisal to assess the resource potential for development.
This discovery reinforces OIL's strategic focus on expanding its international exploration portfolio.