Hardy has released its FY 2015 results and provided an update on its assets in India. Progress has been made on the key PY-3 asset with agreement now reached between the JV partners on a development concept and commercial terms. Given full government approvals activities could commence in early 2016 with production by the middle of the year re-establishing revenues for Hardy. There has also been progress on GS-01 with general terms now agreed with block operator Reliance for Hardy to take up
11 Jun 2015
Full Year Results – Progress on PY-3
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Full Year Results – Progress on PY-3
Hardy has released its FY 2015 results and provided an update on its assets in India. Progress has been made on the key PY-3 asset with agreement now reached between the JV partners on a development concept and commercial terms. Given full government approvals activities could commence in early 2016 with production by the middle of the year re-establishing revenues for Hardy. There has also been progress on GS-01 with general terms now agreed with block operator Reliance for Hardy to take up