Hardy Oil & Gas Begins Drilling Fan A-1 Well

Hardy Oil and Gas has commenced drilling their second planned exploration well (Fan A-1) on Block CY-OS/2.

The Fan A-1 well was spudded on September 26, 2006. Results are not expected until the end of the fourth quarter 2006.

Hardy is the Operator of the CY-OS/2 block, which is located approximately 12km from the east coast of India. Hardy has a 75% equity share in the block with GAIL (India) Limited holding the remaining 25%.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.