Corporate News 02-Apr-09
HOEC receives approval for development plan of Gulf 'A' discovery in block CB-OS-1
From ministry of petroleum and natural gas, Government of India
Hindustan Oil Exploration Company (HOEC) has announced that the operator (ONGC) has informed the company that the directorate general of hydrocarbons, ministry of petroleum and natural gas, Government of India has approved the development plan of Gulf 'A' discovery in the Block CB-OS-1. The company has 38.07% non-operating participating interest in the said development area.
The company made this announcement during the trading hours today, 02 April 2009.
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