The production sharing contracts for both RJ Block 20 and 21 were signed in March 2007. The adjacent blocks are located onshore in northwest India in the Rajasthan basin and surround Oil India’s producing Baghewala oil field.

Combined, the blocks cover an area of approximately 3,526sq miles (871,293 gross acres). The consortium has completed the acquisition, processing and interpretation of a 3-D seismic program of approximately 1,300sqkm, which has identified several drilling locations. The Rachan-1 is the first of twenty exploration wells to be drilled over these two blocks.

GeoGlobal, through its subsidiaries, is engaged primarily in the pursuit of petroleum and natural gas through exploration and development in India.