Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hindustan Oil Exploration Company has informed that the Board of Directors at their meeting held on April 04, 2018 has accorded approval to the acquisition of the entire share capital of Geopetrol International Inc. (Geopetrol), a company incorporated in the Republic of Panama, from Geofinance Petroleum S.A.
The above information is a part of company’s filings submitted to BSE.