21 Oct 2005 07:00
Hardy Oil & Gas plc21 October 2005 For Immediate Release 21 October 2005 Hardy Oil and Gas plc ("Hardy" or the "Company") Completion of 3D Seismic Hardy Oil and Gas plc is pleased to announce the completion of its planned 734sq. km of 3D seismic acquisition program in the Cauvery Basin offshore eastcoast of India. The data covers both the exploration license CY-OS2 and the PY-3producing asset. Hardy is the operator of both these licences with a 75%interest in CY-OS2 and an 18% interest in the producing field PY-3. The acquisition was carried out by M/V Geco 'Emerald' and achieved withinbudget. The data has now been sent to Western Geco's offices in Mumbai for processingwhich is due to be completed by January 2006. Hardy has a firm commitment todrill at least 2 wells in CY-OS2 and plans to drill 2 wells in PY-3 pending fullapprovals. For further information please contact: Hardy Oil and Gas PLC 020 7471 9850Sastry Karra, Chief ExecutiveYogeshwar Sharma, Managing Director Arden Partners Limited 020 7398 1632Richard Day Buchanan Communications 020 7466 5000Mark EdwardsBen Willey This information is provided by RNS The company news service from the London Stock Exchange