NSEPress Release2d ago · 18 Oct 2026, 11:08 am

Press Release

Oil India Limited · OIL

✦ AI Summary▲ PositiveExpansion

Oil India Limited has signed a Revenue Sharing Contract (RSC) for a Special Coal Bed Methane (CBM) Block, marking a landmark milestone in its strategic energy diversification journey.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Oil India Limited has informed the Exchange regarding a press release dated October 18, 2026, titled "OIL Achieves a Landmark Milestone with Signing of Special CBM Block RSC".

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OIL_18102026110758_PressRelease_signed.pdf

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Regd. Office: P.O. Duliajan, Dist. Dibrugarh, Assam-786602 Corp Office: Plot No. 19, Sector 16-A, Noida-201301, Uttar Pradesh CIN: L11101AS1959GOI001148 Website: www.oil-india.com Ref. No. OIL/SEC/32-33/NSE-BSE Dated: 18.10.2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Department of Corporate Service Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Symbol: OIL Security Code: 533106 Sub : Press Release - OIL Achieves a Landmark Milestone with Signing of Special CBM Block RSC Ref : Regulation 30 of the SEBI (LODR) Regulations, 2015 Sir / Madam, Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Press Release dated 18.10.2026 on the captioned subject, is submitted herewith for your information & records please. Thanking you, Yours faithfully, For Oil India Limited A.K. Sahoo Company Secretary & Compliance Officer Encl: As above Date: October, 18, 2026 OIL Achieves a Landmark Milestone with Signing of Special CBM Block RSC Oil India Limited (OIL) has achieved a landmark milestone in its strategic energy diversification journey with the signing of the Revenue Sharing Contract (RSC) for Special Coal Bed Methane (CBM) Block SR- ONHP-(CBM)-2026/1 on 15-10-2026. The historic signing ceremony was graced by Shri Hardeep Singh Puri, Hon’ble Minister of Petroleum and Natural Gas, Dr. Neeraj Mittal, Secretary, MoP&NG, and Shri V. Ponnuraj, Director General, DGH. From OIL, Director (Operation), Shri Trailukya Borgohain and his team represented the distinguished occasion. Spread across 272.14 sq. km in the Singrauli Coalfield region, the Special Coal Bed Methane (CBM) Block SR-ONHP-(CBM)-2026/1 exhibits promising geological prospects, with expected coal seam depths of 600- 800 metres and an average seam thickness of around 40 metres. OIL celebrates this milestone as a landmark return to Coal Bed Methane (CBM) exploration, underscoring its commitment to unlocking India's unconventional hydrocarbon potential and strengthening the nation's energy security. Issued by -Public Relations Department, Noida *******