Selan Exploration Technology Limited — Important, 12-08-2025: Updates

Selan Exploration Technology merged with AEPL, now Antelopus Selan Energy Limited, boosting its oil & gas portfolio. The company acquired the remaining 50% interest in the resource-rich Cambay Block. Operational advancements include production starting from KG Basin's Dangeru field and two new wells completed in Karjisan, with production beginning end-August. Duarmara well drilling is 50% complete, expecting production by Q2 FY26. Q1 FY26 net revenue stood at ₹50.63 Cr, with EBITDA at ₹29.76 Cr, and profit at ₹11.22 Cr, impacted by a 10% commodity price drop and Bakrol well issues, yet maintaining strong 56% EBITDA margins.