Antelopus Selan Energy LimitedQ2 profit ~5x, EBITDA ₹90 Cr, 5,000 boepd by FY29

Antelopus Selan Energy's first investor call, held on 26 October 2026 on its Q2 FY27 results, reported revenue from operations of ₹121.7 crore, EBITDA of ₹90 crore at about a 71% margin, or 69% without a ₹6.5 crore one-off refund, and net profit of ₹57.3 crore, nearly five times last year, with no debt and about ₹100 crore of cash and liquid investments. The realised oil price averaged $88.2 a barrel, down from $95.3 in Q1, and production was flat.

The company signed revenue sharing contracts on 22 October for large KG Onshore and Cambay areas, finished a 10-well Bakrol campaign, and has seven Karjisan wells under way, which carry the best fiscal terms in the portfolio. Management guided an exit rate of 2,500 barrels of oil equivalent a day this year, about 3,500 next year and 5,000 by FY29, said October output is near 2,000, and expects an EBITDA margin near 70%.

Duarmara in Assam found oil rather than the expected gas, while gas sales there depend on unresolved pipeline links. Funding for KG Onshore is undecided.