Hardy Oil Company News

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India's Reliance, Partners Abandon East Coast Oil and Gas Block
Wednesday, December 24, 2014Reliance Industries and its partners have relinquished an oil and gas block off India's east coast due to access restrictions and uncertainty over long-term natural gas pricing, one of the company's joint-venture partners Hardy Oil and Gas said.

Hardy Wins India Court Decision over Ganesha-1 Discovery
Monday, February 04, 2013Court ruling means Hardy can finally proceed with appraisal activities on its CY-OS/2 block, offshore India.

Hardy In Talks to Increase Stake Offshore India
Thursday, January 10, 2013Hardy Oil & Gas to start negotiations with GS-01 exploration block operator to increase its interest in the block.

Hardy O&G Shuts-In India Well
Wednesday, August 03, 2011Hardy O&G announced that the PY-3 field, located in India, was shut-in.

Reliance Hits Gas Pay Offshore India
Wednesday, June 22, 2011Reliance has made a natural gas discovery in the exploration well KG-D9-A2, off the east coast of India.

Reliance Abandons Second Exploratory Well Offshore India
Wednesday, January 05, 2011Hardy reported that the second exploratory on the D9 exploration license has been plugged and abandoned.

Reliance Spins Bit Offshore India
Tuesday, December 21, 2010Hardy announced the commencement of drilling of the second exploration well on the D9 exploration license using Transocean drillship Discoverer India.

Reliance Hits Gas Pay Offshore India
Tuesday, August 31, 2010Reliance has struck its fourth successive gas discovery in the exploration block KG-DWN-2003/1 (D3) in the Krishna Godavari Basin.

Reliance Recommences Drilling Offshore India
Wednesday, August 11, 2010Hardy O&G announced the recommencement of drilling of KGV-D3-W1 well, on the Company's KG-DWN-2003/1 (D3) exploration license.

Hardy Strengthens Indian Management
Tuesday, June 29, 2010Hardy announced the appointment of William M Satterfield and Robert White to the company.

Drilling Suspension Due to Mechanical Issues Offshore India
Wednesday, May 26, 2010The KGV-D3-W1 exploration well has been temporarily suspended due to unresolved mechanical issues associated with the BOP of the Deepwater Expedition drilling rig offshore India.

Reliance Spuds Fifth D3 Well Offshore India
Tuesday, April 06, 2010Reliance has commenced drilling on exploration well KGV-D3-W1, situated on the D3 exploration license, offshore India.

Hardy O&G Releases Preliminary Results for '09
Thursday, March 04, 2010Hardy Oil and Gas has released its Preliminary Results for the year ended December 31, 2009.

Hardy's PY-3 Back Online; to Hit Full Potential in First Quarter
Monday, January 25, 2010Hardy Oil and Gas has recommenced production from the PY-3 field of the CY-OS 90/1 block in the Cauvery Basin.

Reliance Strikes Gas in Deepwater Krishna Block
Tuesday, December 22, 2009Reliance has made its third successive gas discovery in the deepwater exploration block KG-DWN-2003/1 (KG-V-D3), located in the Bay of Bengal.

Reliance Spuds KGV-D3-R1 Exploratory Well Offshore India
Tuesday, November 03, 2009Hardy Oil and Gas reported that Reliance Industries has commenced drilling of the exploration well KGV-D3-R1 on the Company's KG-DWN-2003/1 (D3) exploration license.

Reliance to Abandon One Well in D9 Exploration Program
Friday, October 23, 2009Hardy Oil and Gas has reported on drilling results for the first of a four well program on the D9 (KG-DWN-2001/1) exploration license, where Reliance Industries Limited serves as operator.

Hardy O&G Confirms Spudding of First D9 Well Offshore India
Tuesday, September 01, 2009Hardy O&G confirmed that Reliance has spud the first well on the D9 exploration license, located offshore India in the Krishna Godavari basin.

Hardy Shuts Down PY-3 Field for Repair Offshore India
Monday, July 20, 2009Hardy has shut down the PY-3 field, offshore India, for unscheduled repair and maintenance of the offshore mooring facility.

Hardy O&G Provides Offshore India KGV-D3-G1 Update
Monday, April 20, 2009Hardy Oil and Gas announced that the KGV-D3-G1 well was successfully drilled to 1,625 m TVD and 20" casing was lowered and set.

Reliance Spuds New D3 Exploration Well in KG Basin Offshore India
Thursday, April 16, 2009Hardy Oil and Gas reported that the third exploration well KGV-D3-G1 on Reliance Industries' D3 exploration license in the Krishna Godavari basin was spud on Apr. 14.

Hardy Oil and Gas Highlights India, Nigeria Exploration Program
Monday, February 16, 2009UK-listed Hardy Oil and Gas has provided an update with respect to its operations in India and Nigeria.

Hardy Spuds PY-3 Well Offshore India
Tuesday, October 28, 2008Hardy Oil and Gas has spudded the PY3-D4-RL lateral well with the Transocean semisub Actinia.

Hardy Names New Independent Non-Executive Director
Monday, October 27, 2008Hardy Oil and Gas has appointed Ian Bruce, FCA as an Independent Non-Executive Director of Hardy, effective October 24, 2008.

Reliance to P&A GS01-M1 Well in India
Friday, October 03, 2008Hardy Oil and Gas reports that the exploratory well GS01-M1 was drilled to a total depth of 4,326 meters TVDRT to explore the Oligocene and Eocene carbonate targets

Hardy to P&A GS01-S1 Well in India
Tuesday, August 26, 2008Hardy reported that the exploratory well GS01-S1 was drilled to a total depth on the western shelf edge of the block to explore the Oligocene reefal carbonate and Eocene platform carbonate build-up. The well is now being plugged and abandoned.

Hardy Posts Interim Results for First Half of 2008
Tuesday, August 26, 2008Hardy Oil and Gas posted its Interim Results for the six months ended June 30, 2008.

Hardy Spuds Well Offshore India
Wednesday, July 16, 2008Hardy announced the commencement of drilling of the exploration well GS01-M1 and the adoption of an appraisal program for the GS01-B1 discovery (Dhirubhai-33) in the GS-OSN-2000/1 (GS-01) exploration license.

Hardy Oil Issues Interim Statement
Monday, May 19, 2008Hardy Oil and Gas issued its first Interim Management Statement for the period from January 1, 2008 to date, including two gas discoveries in the Krishna Godavari basin in India and the drilling of three more wells off the west coast of India.

Hardy Begins Drilling at Saurashtra Basin
Wednesday, April 30, 2008The exploratory well GS01-S1 was spudded at a water depth of 80 metres (m) with the semi-submersible drilling rig "C Kirk Rhein" on 27 April 2008.

Hardy Farms Out 20% Stake in Nigeria's Oza to Emerald
Thursday, April 03, 2008Emerald is assuming Hardy's obligation to fund the initial work program of the Oza field, including the installation of over 15km of pipeline, gas compression, and processing equipment requiring an estimated capital expenditure of US$15 million.

Hardy Snags Onshore License in India
Thursday, April 03, 2008Hardy Oil and Gas plc added its first onshore exploration license AS-ONN-2000/1 in Assam, India. The proposed work program consists of the reprocessing of 1,020km of existing 2D seismic data and the acquisition of an additional 500km of 2D seismic.

Hardy's Drilling Efforts Yield 2nd Gas Discovery
Tuesday, April 01, 2008Hardy Oil and Gas plc, the oil and gas exploration and production company with assets in India and Nigeria, is pleased to announce the second gas discovery in the Company's D3 deepwater exploration block.

Hardy Oil & Gas Introduced to the London Stock Exchange
Wednesday, February 20, 2008Shares from Hardy Oil and Gas plc have been admitted to the Official List of the UKLA and to trading on the Main Market of the London Stock Exchange for listed securities.

Hardy Faces Shortage of Specialty Exploration, Development Equipment
Wednesday, February 13, 2008The oil and gas industry continues to experience significant shortage of specialty exploration and development equipment. This has been particularly apparent for offshore drilling ships capable of operating in water depths of greater than 2,000 m.

Hardy Mulls Moving from AIM to Main Market, London Stock Exchange
Friday, January 11, 2008Considering Hardy's growth in market capitalization, reserves and resource base, operations and production profile, the board now believes the official list to be a more appropriate platform than AIM for the continued growth of the group.

Hardy Begins Indian Exploration Well, Boasts Top Test Results in Nigeria
Monday, December 31, 2007Hardy Oil and Gas, the oil and gas exploration and production company with assets in India and Nigeria is pleased to announce the spudding of its first exploration well on the East coast Krishna-Godavari deep water basin in India.

Bad Weather Suspends Hardy Production at PY-3 Field in India
Tuesday, December 18, 2007Hardy Exploration & Production (India), the Operator of PY-3 Field has informed the Company that the production from PY-3 Field has been temporarily suspended on December 18, 2007 due to breakup of the crude oil import hose occasioned by bad weather.

Hardy Says Plans for KG Basin Moving Forward
Monday, September 24, 2007Hardy Oil and Gas says that drilling plans for the initial well (A-1) at Block D9 are on schedule and drilling is expected to commence in the second quarter of 2008.

Hardy Receives DGH Approval for CY-OS/2 Appraisal Program
Friday, August 10, 2007Hardy has received approval from India's Directorate General of Hydrocarbons regarding the appraisal program for the CY-OS/2 license. The program is intended to evaluate the potential commerciality of the Fan-A discovery.

Hardy Extends Contract for Tahara FPU
Thursday, July 12, 2007Hardy has extended its contract with Aban Offshore for the utilization of the Tahara FPU through July 2009.

Hardy Oil & Gas Appoints New Finance Director
Tuesday, July 03, 2007Hardy Oil and Gas has appointed Dinesh Dattani, FCA, as Finance Director with effect from July 1, 2007.

Hardy Raising Working Capital for Activities in India, Nigeria
Friday, May 25, 2007Hardy Oil and Gas plc is raising up to GBP21.0 million (before expenses) by way of a placing of up to 4,964,540 new ordinary shares of $0.01 each ("Ordinary Shares") at a price of 423p per share (the "Placing").

Hardy Participates in Discovery Off India's West Coast
Tuesday, May 15, 2007Hardy Oil and Gas announces the discovery of hydrocarbons in the GS-01-B1 well on the GS-OSN-2000/1 ("GS-01") exploration license.

Hardy Announces Prelim 2006 Results
Monday, April 02, 2007Hardy Oil and Gas plc, which has interests in India and Nigeria, has announced its Preliminary Results for the year ended 31 December 2006

Hardy Oil Spuds GS01-B1 Offshore India
Monday, March 05, 2007Hardy Oil and Gas says that exploratory well GS01-B1 was spudded using the Actinia in the GS-OSN-2000/1 block, off the west coast of India and drilling is expected to continue in to the second quarter.

Hardy Oil Reports Offshore India Discovery
Monday, January 08, 2007Hardy Oil and Gas plc), the exploration and production company with assets in India and West Africa, announced the discovery of hydrocarbons in the well Fan-A-1.

Hardy Oil & Gas Begins Drilling Fan A-1 Well
Wednesday, September 27, 2006Hardy Oil and Gas has commenced drilling their second planned exploration well (Fan A-1) on Block CY-OS/2 offshore India.

Hardy Spuds Well in Bay of Bengal
Monday, July 24, 2006Hardy Oil and Gas plc, which owns significant interests in India, said that its two-well drilling program on Block CY-OS/2 in the Cauvery Basin offshore the east coast of India has commenced.

Burren Reports Solid First Half of 2006
Tuesday, July 18, 2006Prior to the announcement of interim results for the 6 months to June 30, 2006, in September, Burren Energy Plc is issuing a trading and operational update in respect of the Group’s performance in 2006 to date.