Indian Govt Launches 8th Round of NELP

The Indian Government launched the 8th round of New Exploration Licensing Policy (NELP VIII), the largest licensing round yet with 70 blocks on offer covering a total of 163535 sq km. Also on offer are 10 blocks under the 4th round of Coal Bed Methane Policy (CBM IV). Extensive consultation with stakeholders took place to finalize the bid documents and deliver improvements and simplify the bid evaluation criteria and Model Production Sharing Contract. The bid closing date for both NELP VIII and CBM IV is the October 12, 2009.

The Perth roadshow will be held on September 22, 2009 at:

Hyatt Regency Perth
99 Adelaide Terrace
Western Australia 6000

The Brisbane roadshow will be held on September 24-25, 2009 at:

Sofitel Brisbane Central
249 Turbot Street
4000 QLD

Datarooms will run simultaneously.



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