Selan Exploration reports Q1 results, announces AEPL merger

Selan Exploration Technology Limited reported Q1 FY'26 total income of INR 53.56 million and profit after tax of INR 11.22 million, with average sales of 1063 boepd.

The company announced a merger with AEPL, which will be renamed Antelopus Selan Energy Limited, providing access to a robust oil and gas asset portfolio.

Selan commenced production from the KG Basin 'Dangeru' field and completed two new wells in Karjisan, with production expected by end-August. The company also acquired the remaining 50% participating interest in the Cambay Block.