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Hardy Oil & Gas Appoints New Technical Director For Indian Unit

Tue, 29th Jun 2010 09:25

LONDON (Dow Jones)--Hardy Oil and Gas PLC (HDY.LN), the oil and gas exploration and production company with interests predominantly in India, said Tuesday it has appointed William M Satterfield Technical Director of its wholly owned subsidiary, Hardy Exploration and Production (India) Inc, or HEPI. MAIN FACTS: -Robert White has been appointed Drilling Manager of HEPI. -Satterfield will be responsible for all exploration, appraisal and development activities of Hardy in India; Satterfield has 22 years of exploration, production and business development operating experience with Occidental Oil and Gas Corp. -White has over 37 years experience in offshore and onshore drilling, project management and related fields; Prior to joining Hardy, White held drilling management positions with Aral Petroleum, Kazakhoil Aktobe in Kazakhstan and Dragon Oil in Turkmenistan. -Shares at 0820 GMT up 5.75 pence, or 3.2%, at 183.25 pence valuing the company at GBP125.59 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com (END) Dow Jones Newswires June 29, 2010 04:25 ET (08:25 GMT)
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