RIL strikes more oil

Reliance Industries (RIL) has made its seventh oil discovery on the western coast at the Cambay basin block in Gujarat. The potential commercial interest of the discovery is being determined through more data and analysis, a company release said .Reliance holds a 100% participating interest in the block, and has so far drilled 17 exploratory wells that cover an area of 635 sq km. The current flow at the Cambay basin block was at 410 barrels of oil per day. The company also said it is continuing further exploratory drilling efforts in the block, and has informed the government about the latest discovery.