Selan Exploration Unlocks High-Yield Potential at Mukkamala Field in KG Basin

Selan Exploration Technology Ltd has commenced production from its Mukkamala field in the Krishna-Godavari (KG) Basin, signaling a major leap in its east coast operations. The company also revealed that early well tests indicate a single-well flow potential exceeding 1000 barrels of oil equivalent per day (boepd), underscoring the field’s commercial viability.

Production Launch and Field Dynamics

- Mukkamala is Selan’s first producing asset in the KG Basin, expanding its footprint beyond Gujarat’s Cambay Basin  
- Initial production includes light crude and associated gas, with modular infrastructure enabling swift deployment  
- The field’s high flow potential is expected to accelerate recovery and enhance early cash flows  

Performance Outlook

- The >1000 boepd flow rate from a single well positions Mukkamala among Selan’s most productive assets  
- This benchmark is based on sustained test results and aligns with the company’s FY26 growth targets  
- Selan plans to activate additional wells in phases, leveraging learnings from early production  

Strategic Implications

- The KG Basin is a high-potential zone with proven reserves; Selan’s entry reflects its ambition to scale  
- Full operatorship allows Selan to control development timelines and optimize resource monetization  
- The recent merger with Antelopus Energy is expected to bring technical depth and capital support for basin-wide expansion  

Sources: Reuters, Screener, Synergia Energy, Selan Exploration Technology Ltd. Investor Presentation.