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Hindustan Oil Exploration Company NSE NOTICES

Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Hardy Exploration and Production (India) Inc. ("Hardy") the Operator of PY-3 Field, has informed the Company that the offshore facilities repair activities have been completed and the production from PY-3 Field has re-commenced from January 24, 2010.The Company has 21 % participating interest in the same field."

Source: NSE
Courtesy moneycontrol.com

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Hindustan Oil Exploration Company BSE NOTICES

With reference to the earlier announcement dated July 17, 2009 & August 19, 2009, Hindustan Oil Exploration Company Ltd (HOEC) has informed BSE that Hardy Exploration & Production (India) Inc ("Hardy") the Operator of PY-3 Field, has informed the Company that the offshore facilities repair activities have been completed and the production from PY-3 Field has re-commenced from Jan 24, 2010. The Company has 21% participating interest in the said Field.

Source: BSE
Courtesy moneycontrol.com

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Hindustan Oil Exploration Company NSE NOTICES

Hindustan Oil Exploration Co. Ltd has informed the Exchange that "Out of 15,069 stock options exercised till date 14,725 stock options were already transferred to the respective option grantees. Further 118 equity shares have been now transferred to the eligible option grantee. 226 equity shares are to be transferred to the respective option grantees pending completion of certain formalities by them. Further, it is informed that since the options granted under the HOEC ESOS Scheme is administered through HOEC ESOS Trust (Trust) whereby shares are purchased by the Trust from the open market based on the options granted by the Compensation and Remuneration Committee of the Board of Directors, there is no change in the issued, subscribed or paid-up capital of the Company on, account of exercise of the said options".

Source: NSE
Courtesy moneycontrol.com

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Hindustan Oil Exploration Company NSE NOTICES

Hindustan Oil Exploration Co. Ltd has informed the Exchange that: "Mr. Vikash Jain, Company Secretary / Compliance Officer has resigned from the Company due to personal reasons. He is proposed to be relieved from the services of the Company w.e.f. January 15, 2010 (close of business). Mr. Minesh Bhatt, Assistant Company Secretary shall discharge the functions of the Company Secretary / Compliance Officer".

Source: NSE
Courtesy moneycontrol.com

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HOEC Q3 net profit at Rs 10.4 cr

Hindustan Oil Exploration Company (HOEC) has announced its third quarter results of FY10. It has reported net profit of Rs 10.4 crore as against net loss of Rs 1.8 crore, on quarter-on-quarter basis (QoQ).

Net sales rose to Rs 32.6 crore from Rs 12.4 crore (QoQ).

Source: CNBC-TV18
Courtesy moneycontrol.com

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