Interims are out today: http://www.stockopedia.com/news/announcement/INDI/091216indi000529.htm

Highlights:

* On schedule to move into production & revenues in April 2010
* Current planned operations underpinned by existing funding
* Eastern Promise well provides positive initial testing results
* Fraccing of the Indian Shingli-1 well to commence before year end - providing
information on the potentially significant tight gas play
* 3 wells currently planned (of a wider drilling programme for 2010) which has the
potential to add significant additional value
* Debt facility of $110m in place

 

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