Hardy has announced that the D3 JV has relinquished the D3 block and Hardy will no longer have any interest in this asset. This highlights a change in focus for the company away from small interests in large assets (Hardy held 10% in D3 which had 6.7tcf of total resources) to larger interests and operatorship in smaller fields where the company can take control of work programmes. This applies to the company’s other three assets: PY-3, GS-01 and CY-OS/2. All of these have processes in t
24 Dec 2014
Full Relinquishment of D3 Block
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Full Relinquishment of D3 Block
Hardy has announced that the D3 JV has relinquished the D3 block and Hardy will no longer have any interest in this asset. This highlights a change in focus for the company away from small interests in large assets (Hardy held 10% in D3 which had 6.7tcf of total resources) to larger interests and operatorship in smaller fields where the company can take control of work programmes. This applies to the company’s other three assets: PY-3, GS-01 and CY-OS/2. All of these have processes in t