Premier, which owns 36 percent of the well, discovered 81 feet of net-oil bearing reservoir and 55 feet of net gas-bearing reservoir from the Zebedee well, the company said in a statement on Thursday.

The Zebedee well will now be plugged and abandoned as a successful exploration well.

(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Anupama Dwivedi)