today reliance and group of compnay run fantastic and still looks very good on the chart so what is the buzz.....
"ONGC needs a drill-ship to probe the Krishna Godawari (KG) basin UD-1 gas find of January 2007 and had been in talks with Reliance Industries (RIL) for several months and its board reportedly gave its final go-ahead on 6 June 2009 after Brazilian national oil firm Petrobras also evinced interest in taking t he rig on assignment basis from RIL."-sources
under new exploration licensing policy reliance going to get best return with KG basin exploration...not surprise that some real fundamentally news arrived in later or sooner favouring RELIANCE
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