Hindustan Oil Becomes Operator of Block CY-OSN-97/1

Hindustan Oil Exploration Company reports that the Ministry of Petroleum & Natural Gas, Government of India has inter alia approved the transfer of 50% participating interest (PI) of M/s Mosbacher (India) LLC (MIL) to HOEC and transfer of operatorship from MIL to HOEC in CY-OSN-97/ under NELP-I, located in offshore Cauvery Basin.

With the aforesaid approval, the Company becomes the Operator of the said block with 80% PI (balance 20% with MIL) effective October 2003.
Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles


Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours