Brief: Hardy Oil And Gas To Sell HEPI To Hindustan Oil Exploration For $1.5 Mln In Cash

Hindustan Oil Exploration

01/07/2019 17:29

July 1 (Reuters) - Hardy Oil and Gas PLC  HAOG.L :
    * CONDITIONAL SALE OF HEPI
    * ENTERED CONDITIONAL SPA TO SELL HARDY EXPLORATION &
PRODUCTION
(INDIA) TO HINDUSTAN OIL EXPLORATION FOR US$1.5 MILLION IN CASH
    * HEPI IS A WHOLLY-OWNED SUBSIDIARY OF COMPANY AND IS
INCORPORATED
IN US STATE OF DELAWARE
    * HEPI HOLDS INTERESTS IN THREE OIL AND GAS BLOCK ASSETS 
LOCATED
IN INDIA

Source text for Eikon:  ID:nRSA1080Ea 
Further company coverage:  HAOG.L 

 ((Reuters.Briefs@thomsonreuters.com;))