2 Nov 2010 07:13
For immediate release 2 November 2010
Hardy Oil and Gas plc
("Hardy" or "the Company")
Directorate Change
Hardy Oil and Gas plc (LSE: HDY), the oil and gas exploration and production company focused in India, today announces the resignation of Mr Sastry Karra as a Non Executive Director of the Company effective 30 November 2010.
Commenting on the announcement, Paul Mortimer, Chairman of Hardy, said:
"Mr Karra co-founded the Company in 1997 and was the Chief Executive Officer of the Company until 31 March 2010 and has been a Non Executive Director since that time. He has been instrumental in establishing Hardy and its focused asset portfolio in India. The Board wishes to thank Sastry for his immense contribution to Hardy over the past thirteen years and wishes him well in his future endeavours in Nigeria."
For further information please contact:
Hardy Oil and Gas plc 020 7471 9850
Yogeshwar Sharma
Dinesh Dattani
Arden Partners plc 020 7614 5917
Richard Day
Buchanan Communications 020 7466 5000
Mark Edwards
Ben Romney