Hardy Extends Contract for Tahara FPU

Hardy Exploration & Production (India) Inc has extended its contract with Aban Offshore for the utilization of Floating Production Unit - Tahara for a further period of two years with effect from July 28, 2007. The revenues estimated during the extended period amounts to US $63.875 million, excluding reimbursibles.

The Tahara has been working for Hardy Oil off the east coast of India since July 2004.

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