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Hindustan Oil Exploration inks conditional agreement with Hardy

02 Jul 2019 Evaluate

Hindustan Oil Exploration Company has entered into a conditional agreement with Hardy Oil and Gas PLC (Hardy), subject to their shareholders' and other approvals, to acquire the entire share capital of Hardy Exploration & Production (India) Inc. (HEPI), a company incorporated in the State of Delaware having an Indian Project Office.

Hindustan Oil Exploration Company is an oil and gas company. The company’s activities relate to exploration and production of hydrocarbons, which are natural resources. Its segments include Hydro carbon and Oil additives. Its products include crude oil and natural gas.

Peers
Company Name CMP
ONGC 226.00
Oil India 453.50
Jindal Drilling&Inds 495.90
Deep Industries 668.65
Asian Energy Service 408.80
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