Antelopus Selan Energy Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Antelopus Selan Energy Ltd. (formerly Selan Exploration Technology Ltd.) is an independent oil and gas company focused on the exploration, development, and production of hydrocarbon resources in the Indian subcontinent. The company operates a portfolio of mature and developing fields primarily located in the Cambay Basin of Gujarat, while expanding its footprint into other sedimentary basins such as Assam, Krishna-Godavari, and Mumbai through its recent merger with Antelopus Energy Private Limited. Antelopus Selan Energy positions itself as a specialized player in monetizing discovered and stranded resources, leveraging subsurface data integration and operational efficiency to optimize well performance.

Key Points

• Key facts:
  • Founded Year: Incorporated in 1985.
  • Headquarters: Gurgaon, Haryana, India.
  • Stock Listing: Listed on the BSE (Scrip Code: 530075) and NSE (Symbol: ANTELOPUS).
  • Company Name Change: Renamed from Selan Exploration Technology Limited to Antelopus Selan Energy Limited in FY2026 following its merger.
• Operations and Resources:
  • The company’s portfolio post-merger includes 9 assets across multiple basins.
  • Core Assets: Bakrol (100% Participating Interest - PI), Lohar (100% PI), Karjisan (100% PI), and Elao (100% PI), all in the Cambay Basin.
  • Newer Assets: Cambay (50% PI), D-31 (Mumbai Basin, 100% PI), D-11 (Mahanadi Basin, 100% PI), Duarmara (Assam Basin, 50% PI), and Dangeru (KG Basin, 100% PI).
  • Proven and probable (2P) oil and gas reserves are estimated at approximately 55 million barrels of oil equivalent (mmboe).
• Ownership and Merger:
  • The company underwent a significant transformation through the amalgamation of Antelopus Energy Private Limited (a promoter group company) into Selan, approved in late 2023 and integrated through FY2025-26.
  • This merger transitioned the company from a Cambay-focused player to a diversified E&P entity with both onshore and offshore assets.
• Business Model and Competencies:
  • The business model centers on acquiring and operating discovered small fields (DSF) and mature assets.
  • The company is skilled at production optimization and reservoir management. For instance, at Karjisan, the company increased output to over 300 barrels of oil per day and 20,000 m³ of gas per day through targeted drilling.
• Financial Performance (FY2025-26):
  • Annual Revenue (FY26): Net revenue from operations stood at INR 22,604 Lakhs (as per audited results for year ended March 31, 2026), compared to INR 20,073 Lakhs in FY25.
  • Profitability: Reported a Net Profit of INR 8,963 Lakhs for FY26, up from INR 7,058 Lakhs in FY25.
  • Volume Metrics: Average sales reached approximately 1,497 boepd in Q3 FY26, with a target exit rate of 1,800+ boepd by March 2026.
  • Revenue Breakdown: Predominantly derived from the sale of crude oil and natural gas in India.
• Key Developments and Technology:
  • Drilling Campaign: Completed drilling for 10 new wells by early 2026, with plans to continue the campaign until mid-FY27.
  • Infrastructure: Completed a new gas pipeline network and electrified field operations at the Bakrol field to eliminate gas venting and reduce diesel use.
  • Subsurface Integration: Utilizes integrated subsurface mapping and data-driven decision-making, which contributed to a 61% year-over-year increase in sales volumes during the transformation period.
• Sustainability and Innovation:
  • Implemented an Effluent Treatment Plant (ETP) at the Lohar field.
  • Focusing on reducing environmental footprint through the automation of field sites and remote monitoring.
  • The company is in the process of obtaining ISO 14001 certification to standardize its environmental management systems.
• Strategic Outlook:
  • The current priority is the execution of a multi-well drilling and "frac" (hydraulic fracturing) campaign to ramp up production from newly drilled wells in Bakrol and Karjisan.
  • Future growth is expected from the development of the offshore assets (D-31 and D-11) and the Assam-based Duarmara field.

References

1. Annual Report May 2025
2. Investor Presentation Jan 2026
3. Result May 2026
4. Annual Report May 2024