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Showing posts with label Hardy. Show all posts
Showing posts with label Hardy. Show all posts

Wednesday, August 3, 2011

Hardy O&G Shuts-In India Well

- Hardy O&G Shuts-In India Well

Wednesday, August 03, 2011
Hardy O&G plc

Hardy O&G announced that on July 30, 2011 the PY-3 field, located in India, was shut-in.

The PY-3 oil field has been temporarily shut-in pending Management Committee approval of the award of a contract for the field's floating production system (FPS). We are working closely with all stake-holders to secure the necessary approvals and recommence production as soon as possible.

Hardy is the operator of the PY-3 field and holds an 18 percent participating interest.

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Tuesday, May 31, 2011

Hardy O&G's Finance Director Waves Goodbye

- Hardy O&G's Finance Director Waves Goodbye

Tuesday, May 31, 2011
Hardy O&G plc

Hardy O&G announced that its Finance Director, Dinesh Dattani FCA will be leaving the Company on August 31, 2011 to return to his permanent residence in Calgary, Canada.

Mr. Dattani joined Hardy as Finance Director in July 2007. He led the process to transfer Hardy's listing from AIM to the main market of the London Stock Exchange, completed a number of successful equity financings and led the finances and admin activities in Hardy's London headquarters.

Hardy has considerable financial and tax expertise in Chennai, India where many of the Company's Corporate and Financial functions will be transferred.

Commenting on the impending departure, Mr. Paul Mortimer, Chairman said, "We would like to thank Dinesh for his considerable contributions to Hardy over the past four years. His expertise and leadership have been instrumental in advancing a number of our strategic objectives. We will be sorry to see him go and we wish him every success in the future."

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