Jubilant to invest in Myanmar O&G block

We had bid for two blocks. They have offered us one,but we are keen for both. We are still negotiating,Chief Financial Officer Vipul Agarwal said.

The production sharing contract for the block will likely be signed in two to three weeks,he said.

Jubilant Energy is part of the New Delhi-based Jubilant group that controls drugmaker Jubilant Life Sciences,agrochemicals maker Jubilant Industries and restaurant chain Jubilant FoodWorks.