ONGC set to drill two exploratory wells in Gummidipoondi block.

It is the northern suburbs of Chennai that beckon Oil and Natural Gas Corporation Ltd (ONGC), as the public sector giant gets ready to go deep down in its quest for hydrocarbon in the Palar Basin.

In a move which, depending on the level of success, may fetch an entirely different identity and value to those suburbs, the ONGC plans to drill two exploratory wells in the Gummidipoondi block, including in Manali village.

For the work, set to begin in the last quarter (January-March) of this fiscal, it is in the process of requisitioning men and material, ONGC sources said.

THE HINDU