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20 Apr 2009 07:00
For immediate release 20 April 2009
Hardy Oil and Gas plc
("Hardy" or "the Company")
KGV-D3-G1 drilling update
Hardy Oil and Gas plc (LSE: HDY.L), the oil and gas exploration and production company, with assets predominantly in India, announces that the KGV-D3-G1 well was successfully drilled to 1,625 m TVD and 20" casing was lowered and set. As planned the well has now been suspended and the re-entry operation, to explore the prospective geological horizons, is expected to commence in the second half of 2009.
The drillship Discoverer 534 has been released from the KGV-D3-G1 location after setting the 20" casing since the repair of its blow-out preventer ("BOP") could not be completed, and is expected to take at least 7 more days to complete the repair. The drillship has now returned to operations on the Reliance operated D6 block.
For further information please contact:
Hardy Oil and Gas plc 020 7471 9850
Sastry Karra
Yogeshwar Sharma
Arden Partners plc 020 7398 1600
Richard Day
Matthew Armitt
Buchanan Communications 020 7466 5000
Mark Edwards
Ben Willey
Glossary:
m metres
TVD total vertical depth
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