What country is having larger oil and gas deposits?
If one goes by reports published by the Ceylon Petroleum Corporation Sri Lanka owns the larger portion of the Cauvery Basin deposits. Question: You said certain things about the initial satellite reports of our potential oil fields. What is the next step we should take based on those reports? Answer: Satellite reports are broad brush reports which indicate sedimentary basins and basement topography. In making these reports in Sri Lanka, US Navy s Geosat, European Space Agency s ERS-1, and US-France owned Topex/Poseidon have been used. Going by those reports we should proceed to do seismic studies. Question: Have you seen any seismic reports of Sri Lanka in relation to its oil potential.? Answer: Yes, only the Norwegian seismic reports conducted offshore Hambantota. But the there are no published seismic reports in relation to our oil fields in the North. Question: Could it be possible that the Norwegians are not in the know about Sri Lanka s Northern deposits and only know about the So
