Hindustan Oil Exploration Co. Ltd has informed the Exchange vide notes to Accounts in the Unaudited Financial Results (Provisional) for the quarter ended December 31, 2009 (taken on record by the Board of the Directors of the Company at its Meeting held on January 27, 2010) that "With reference to the observations made in the Auditors' Report for Financial year 2008-09 regarding one unaudited Unincorporated Joint Ventures' Accounts, we have to state that the Company has not received the Audited Accounts of Block GN-ON-90/3 (Pranhita Godavari) being under arbitration. As the above Joint Venture has not entered the production phase, there is no effect on the profit for the quarter/ nine months ended December 31, 2009".
Source: NSECourtesy moneycontrol.com
Also check
Posts
No comments:
Post a Comment