Indus Gas Limited is an oil and gas exploration and development company.
The Company holds an aggregate 90% participating interest, through its wholly owned subsidiaries, iServices Investments Ltd. and Newbury Oil Co. Ltd., in a petroleum exploration and development concession in India known as Block RJ-ON/6 pursuant to the production sharing contract.
The production sharing contract for the Block was entered into on June 30, 1998, between the Government of India, Focus Energy Limited (Focus), and Oil and Natural Gas Corporation of India (ONGC). Focus is the operator of the Block and holds a 10% participating interest. The Block contains two gas discovery areas: SGL, which has been declared commercial by the Operator, and SSF.
There are several other prospects and leads, which are under exploration and/or appraisal. The onshore Block RJ-ON/6, operated by Focus, is located in Rajasthan state in western India and covers an area of approximately 4,026 square kilometers.