Jubilant Energy N.V. (Jubilant) is an upstream oil and gas company with assets in major proven and prolific hydrocarbon basins in India. The Company has a diversified and balanced portfolio comprising of nine blocks in India, of which one is a producing field, one under appraisal and development and rest of the blocks are in various stages of appraisal and exploration. It also has interest in one exploration block in Australia. Jubilant�s portfolio is located in the proven and prolific hydrocarbon basins of Krishna Godavari, Assam-Arakan, Cambay and Cauvery in India and the Bass basin in Australia. The Kharsang Field, located in the Upper Assam basin in the north-eastern region of India. The block is operated by Geo Enpro Petroleum Ltd and Jubilant has a 25% working interest. The field has 56 wells, of which 32 wells were in production as of March 31, 2011. It holds two Manipur Blocks as an operator with a 100% participating interest under the NELP-VIII round.