1,000 Cr E&P opportunity with 40% plus EBITA margins – 6 Nov 2024

A new Rs 1000 crore plus E&P opportunity window seems to have emerged

And there could be dozens of such opportunities, and it is a newly opened avenue

And the expected EBITDA margins of around 40%

There should be a gold rush now among assorted E&P service providers

But clearly such high margins have raised eyebrows as well