Gujarat Natural Resources Ltd — Important, 12-11-2025: Company Update

Gujarat Natural Resources Limited (GNRL) has completed its fourth well, K#17, in the Kanawara Field as part of its drilling campaign. This appraisal-cum-development well, targeting a new fault block, successfully encountered a 24-meter hydrocarbon zone, establishing the presence of producible hydrocarbons. This positive outcome significantly reinforces the field's hydrocarbon potential and is anticipated to enhance GNRL's oil and gas reserves base, signaling a favorable operational milestone for the company and its shareholders.