required field
- 07 Mar 2008 11:48
Main market stock..incredible graph, good transition from Aim to Main market..better keep an eye on this one, not in yet but : possibly a good Isa stock for the long term.
mitzy
- 01 Apr 2008 08:58
- 2 of 60
small time oiler with plenty to prove but hardly any volume makes it difficult to play.
required field
- 01 Apr 2008 09:08
- 3 of 60
It's gone up so much...that you can't help but think that it might come down again !
mitzy
- 01 Apr 2008 09:33
- 4 of 60
agree amazing increase this year but can it keep it up.
mitzy
- 01 Apr 2008 13:28
- 5 of 60
Wow thats more like it I take everything I said earlier back.
mitzy
- 01 Apr 2008 20:24
- 6 of 60
what a great share 800p in last mins.
tomorrow could be an even greater day 850p perhaps..?
required field
- 01 Apr 2008 22:26
- 7 of 60
I'm not in yet...sick ...very...!
mitzy
- 02 Apr 2008 09:54
- 8 of 60
Wouldnt be surprised if they head towards 850p sometime.
mitzy
- 02 Apr 2008 22:18
- 9 of 60
Well they did for a while @860p before falling back to 840p .
required field
- 10 Apr 2008 11:35
- 10 of 60
Ouch !, bubble burst...(I thought something like this was coming !).
mitzy
- 10 Apr 2008 11:38
- 11 of 60
down 50p could be a good time to buy..?
required field
- 10 Apr 2008 11:44
- 12 of 60
Prospects look not too bad but production is poor, not in at the moment...., but keeping watch.
mitzy
- 22 Apr 2008 10:09
- 13 of 60
HDY and SMDR are 2 good oil shares to hold at the moment.
required field
- 22 Apr 2008 17:43
- 14 of 60
Is this the rise up before a rise up or the rise up before another drop?....seen things like this happening before !.
mitzy
- 22 Apr 2008 20:53
- 15 of 60
I know the feeling ..
ot have you seen SMDR..?
required field
- 23 Apr 2008 08:25
- 16 of 60
In SMDR but not HDY !
mitzy
- 23 Apr 2008 08:33
- 17 of 60
I hold both to be on the safe side..!
required field
- 23 Apr 2008 08:48
- 18 of 60
Wish I had more available funds !
mitzy
- 23 Apr 2008 08:50
- 19 of 60
I'm running them together hopefully both will give 30% returns in a year.
Also there is the chance of a take-over so thats a good reason to hold.
mitzy
- 23 Apr 2008 09:14
- 20 of 60
Major oil discovery for Dana today..
mitzy
- 24 Apr 2008 08:22
- 21 of 60
Better get in quick the price is going up all the time..!
mitzy
- 28 Apr 2008 14:16
- 22 of 60
One heck of a share.
mitzy
- 30 Apr 2008 09:29
- 23 of 60
RNS very positive this am drilling exploration well offshore in Sastray basin India.
Beginning to resemble Cairn energy .
mitzy
- 09 May 2008 11:10
- 24 of 60
Its on the move today what an incredible share.
mitzy
- 12 May 2008 15:41
- 25 of 60
No stopping oil shares today and Hardy is one of the better performers.
1100p target in 12 months.
mitzy
- 13 May 2008 09:26
- 26 of 60
A momentum play on the possibility of $200 oil price sometime in the future along with DNX..VPC.. SMDR.. and TLW
hlyeo98
- 09 Jul 2008 08:28
- 27 of 60
Hardy Oil is weakening...now 618p...expecting more downtrend.
mitzy
- 13 Jul 2008 12:38
- 28 of 60
I am out for now.
hlyeo98
- 24 Jul 2008 15:31
- 29 of 60
568p...I think 400p is the support...it will move downwards now.
hlyeo98
- 26 Aug 2008 12:36
- 30 of 60
Hardy Oil abandons Indian well, shares fall - AFX
Aug 26 (Reuters) - Britain's Hardy Oil and Gas Plc said it had plugged and abandoned exploratory well GS01-S1 in India as no hydrocarbons were found, sending shares in the oil explorer down almost 13 percent on Tuesday.
However, Chief Executive Sastry Karra said GS-01 continued to be an important part of its exploration portfolio in India.
'We look forward to completing our exploration programme and the appraisal of the existing Dhirubhai 33 discovery on the GS-01 block,' he said in a statement.
Hardy also reported net profit of $6.2 million for the six months to June 30, 2008, up from $1.9 million last year.
It was helped by an exceptional gain of $9.0 million from the sale of 5.06 million shares in Hindustan Oil Exploration Co Ltd (HOEC).
Hardy's pretax profit for the period rose to $9.73 million from $2.89 million.
The company made two gas discoveries -- Dhirubhai 39 and Dhirubhai 41 -- on the D3 block in the KG Basin, 'significantly' de-risking some of the prospects within the block.
Hardy said it had scheduled up to 14 wells for drilling through to the end of 2009, and it expected the exploration drilling programme for D9 block to start this year.
Shares of Hardy were down 4.5 percent at 442.75 pence at 0855 GMT, after earlier falling 12.6 percent to 405 pence.
hlyeo98
- 03 Oct 2008 09:14
- 31 of 60
2nd failure...350p now.
Hardy Oil and Gas abandons well in India
MoneyAM
Hardy Oil and Gas has plugged and abandoned its GSO1-M1 exploratory well in India after tests on the well's geology proved inconclusive, the company said in a statement.
Hardy said it will continue to evaluate the M1 prospect by carrying out advanced processing of the 3D seismic data.
Hardy has a 10% participating interest in the GS-O1 exploration licence. India's Reliance Industries Ltd is the operator and holds 90%.
justyi
- 10 Oct 2008 14:54
- 32 of 60
Oil price is crashing too
justyi
- 10 Oct 2008 14:59
- 33 of 60
Drivers' groups today accused petrol retailers of ripping off motorists by not lowering prices at the pumps despite oil having tumbled from its record high price level in July. But motorists could receive some cheer in the run-up to Christmas. Experts believe pump prices will fall as demand for fuel wanes in the face of recession fears and cutbacks on spending.
justyi
- 16 Oct 2008 13:05
- 34 of 60
U.S. Fed said that tough times are not over led Wall Street to its worst day since the 1987 stock market crash, wiping out earlier optimism fuelled by government steps to avert a financial meltdown. Japan's Nikkei index dived as much as 10 percent in Thursday trade.
U.S. crude for November delivery fell $1.26, or 1.7 percent, to $73.28 a barrel by 6:20 a.m. The front-month contract has lost nearly a third in value in three weeks, the steepest such decline since it began trading in 1983.
London Brent crude fell $1.17 to $69.63.
"The oil markets are now highly correlated to the stock markets. Everyone now uses the stock markets to gauge the health of the economy," said Clarence Chu at U.S.-based options trader Hudson Capital Energy.
Crude now stands more than 50 percent off its July peak above $147, and analysts have scaled back global demand growth estimates after a recent slew of gloomy data that has overshadowed OPEC's talk of possible production cuts and a hurricane that is disrupting Caribbean refining operations.
Japan's crude oil inventories hit a 14-month high last week as crude runs stayed low, in part due to slack domestic demand, industry data showed on Thursday.
JP Morgan cut its average oil price forecast for 2009 to $74.75 a barrel, and the Organisation of the Petroleum Exporting Countries also reduced its forecasts for world demand for crude next year in its latest monthly report.
hlyeo98
- 24 Oct 2008 14:41
- 35 of 60
200p now...100p coming up as oil price crashing
required field
- 18 Sep 2009 17:06
- 36 of 60
Even though I started the blog on this one I cannot understand why the sp is so high with tiny production .....anybody any idea what they are hoping to target with this drilling off India ?...it would have to be pretty substantial with this valuation already in the sp and they will only have 10% of whatever they find....Robbie Burns is in this one but each time I think that it's way overvalued : up it goes again...now miles past the brokers target.
required field
- 23 Oct 2009 08:20
- 37 of 60
Disaster for this company...10% of nothing....this could go to 2 now !.
dealerdear
- 23 Oct 2009 08:34
- 38 of 60
Which only goes to show that no matter how good you think a company is, it is always wise to lock-in profits cause once you've done that, nobody can take it away from you.
dealerdear
- 23 Oct 2009 08:34
- 39 of 60
.. well apart from the taxman of course ...
marni
- 23 Oct 2009 10:22
- 40 of 60
i had a friend that did that once when a share doubled and kept on bragging about it......4 years later it had went up more than 10 times......now saying its most stupid decision ever made as would be very wealthy instead of plodding about as usual
marni
- 23 Oct 2009 10:23
- 41 of 60
good to see rf is as exciteable as ever
dealerdear
- 23 Oct 2009 10:26
- 42 of 60
Perhaps not good to see you're back.
If you don't think trading in these markets is a good idea I suggest you go and have a look at your darlings HAWK and RPT.
marni
- 23 Oct 2009 10:28
- 43 of 60
i'm doing very well on them..........hows vyke doing, that was a good trade for you buying shit that you dont realise
required field
- 23 Oct 2009 10:55
- 44 of 60
Even at this price HDY looks like a short...
dealerdear
- 23 Oct 2009 11:18
- 45 of 60
lol
Yes of course you're doing well on them. That's why they've dropped from 45p to 42p!
required field
- 23 Oct 2009 11:22
- 46 of 60
??? HDY...not shorting yet...one day, I'll take a deep breath and short something...
required field
- 23 Oct 2009 11:23
- 47 of 60
wrong thread ?.
required field
- 23 Oct 2009 17:21
- 48 of 60
This has been stuffed today....I wonder how Robbie Burns got on with this : he must have had a fit when he saw the rns...he's bought a lot of these at very low prices so he would probably have made a profit anyway.....at the moment this has precious little going for it...another dry well and it will drop to the teens.
mitzy
- 27 Oct 2009 07:58
- 49 of 60
200p is my target.
required field
- 27 Oct 2009 20:47
- 50 of 60
Mine is 20p.....I did not short this ..should have...
mitzy
- 28 Oct 2009 07:56
- 51 of 60
Robbie got it wrong it happens.
mitzy
- 02 Nov 2009 08:52
- 52 of 60
Stable @285p.
mitzy
- 22 Dec 2009 09:21
- 53 of 60
Moving ahead after a positive Rns.
required field
- 22 Dec 2009 09:23
- 54 of 60
Yes, better news.
mitzy
- 26 May 2010 09:26
- 55 of 60
Drilling results negative..heading to 100p.
hlyeo98
- 05 Jan 2011 09:56
- 56 of 60
Krishna Godavari Basin well abandoned, says Hardy
The second exploratory well on Hardy Oil and Gas's exploration licence in the Krishna Godavari Basin on the east coast of India has been plugged and abandoned.
The KG-D9-B3 well was drilled to a total depth of 3,829m MDRT by the Transocean drillship 'Discoverer India' in a water depth of 2,948m at a location some 47 km away from the nearest well.
The well encountered two Tertiary aged reservoir quality sand packages of 70m and 40m gross thickness respectively, in which gas shows ranging from 6% to 9% were recorded.
Testing was carried out with the MDT tool which suggests water gradient in the sand packages.
Hardy holds a 10% participating interest in the licence which is operated by Reliance Industries.
Hardy CEO Yogeshwar Sharma said: "Although this exploration well result is disappointing, the presence of thick reservoir quality sands and the potential presence of a petroleum system are encouraging.
"We will now work with our partner to incorporate the data gathered to update the geological model."
hlyeo98
- 10 Jan 2011 13:08
- 57 of 60
Very sharp drop happening here.
hlyeo98
- 30 Aug 2012 07:56
- 58 of 60
Hardy Oil and Gas plc
("Hardy", the "Company" or the "Group")
Half Year Results for six months ended 30 June 2012
Hardy Oil and Gas plc (LSE: HDY), the oil and gas exploration and production company focused in India, reports its Half Year Results for the six months ended 30 June 2012.
All financial amounts are stated in US dollars unless otherwise indicated.
SUMMARY
Operational
· D3 - Submitted a revised Declaration of Commerciality proposal for the Dhirubhai 39 and 41 natural gas discoveries
· D3 - Awarded a PSDM processing contract for 3D data covering the eastern area of the block
· PY-3 - Remained shut-in pending partner consensus on the field's facility requirement and the subsequent approval of a redevelopment plan
· D9 - Relinquished the block due to poor hydrocarbon potential of the block
Financial
· No revenue due to the shut-in of the PY-3 oil field (H1 2011: $7.4 million)
· Capital expenditures amounted to $1.2 million, principally on the payment to Government of India for the unfinished work programme for the block D9 (H1 2011: $4.3 million)
· Total loss amounted to $7.2 million (H1 2011: loss of $1.1 million)
· Cash outflow from operations (before changes in non-cash working capital) $4.4 million (H1 2011: inflow $2.5 million)
· Cash and short-term investments at 30 June 2012 amounted to $30.9 million; the Company has no long-term debt
Corporate
· Initiated comprehensive review of the Company's assets, strategy and resources. Relocating corporate office to Aberdeen
· Cost rationalisation exercise undertaken resulting in a reduction in annual overhead costs of approximately $1.0 million
· In January 2012 the Company announced the appointment of Alasdair Locke as Non-Executive Chairman
· In March 2012 the Company announced the appointment of Ian MacKenzie as Chief Executive Officer and Peter Milne as a Non-Executive Director. Yogeshwar Sharma remains on the Board as a Non-Executive Director
Outlook
· D3 - Carry out geological and geophysical studies and plan to drill the fifth exploration well in the first half of 2013
· GS-01 - Work with the operator to submit a development plan before the end of 2012
· PY-3 - Achieve consensus among partners for the field's facility requirement and submit a redevelopment plan for approval
· CY-OS/2 - Completion of the dispute resolution process expected by the end of 2012
Commenting on the Interim Results, Alasdair Locke, Chairman of Hardy, said:
"We continue to review our assets and consider new opportunities. Given our cash resources of $30.9 million and asset base, we are well placed to ensure we build shareholder value."
HARRYCAT
- 11 Jun 2015 08:55
- 59 of 60
StockMarketWire.com
Operating losses at India-focused Hardy Oil and Gas rose to $26.4m in the year to the end of March -up from $5.4m last time.
The group reports unsuccessful exploration costs of $22.6m for the year compared with nil in 2014.
Revenue was nil - unchanged from last time.
The pre-tax loss rose to $26.2m - up from $5.4m in 2014.
Chairman Alasdair Locke said: "We have clear deliverables for each asset and management are fully accountable for the implementation of the agreed plans. Should the status quo in India remain and tangible progress not be made in a reasonable time-frame we will re-evaluate our current India focus.
"The board and management have the benefit of significant experience of other oil and gas provinces worldwide. The group remains in a strong financial position from which to either fund its planned work activity for the Indian asset portfolio or to implement a change of geographical focus."
HARRYCAT
- 09 Jun 2016 08:49
- 60 of 60
StockMarketWire.com
India-focused Hardy Oil and Gas posts a total comprehensive loss of $16.7 million for the 12 months ended 31 March compared with a loss of $25.0 million last time.
The latest loss is attributable to the write-down of intangible assets - exploration associated with GS-01 ($5.0 million), property plant and equipment associated with the PY-3 oil field ($2.8 million) and associated deferred tax asset ($5.2 million).
In FY15 the loss was primarily attributed to a $22.6 million write-down of intangible assets - exploration due to the relinquishment of the D3 exploration licence.
During the year the company took further steps to reduce our administrative expenditure, including the reduction of staff, although total general and administrative expenditure increased to $4.0 million. The increase is primarily due to non-recurring expenditures amounting to $1.6 million. The Group expects administrative expenses for FY17 to remain at around this level due to legal expenditures of approximately $1.0 million. Cash used in operating activities amounted to $3.7 million for the 12 months ended 31 March 2016 compared to a cash outflow of $3.5 million for the 12 months ended 31 March 2015. The Group's capital expenditure and investment income was nominal at $0.3 million. With cash and short-term investments of $17.6 million as at 31 March 2016, and no debt, the Group is well funded to meet its current work commitments on the Indian asset portfolio.
Chairman Alasdair Locke said: "Our main objectives remain to secure key stakeholders' approvals and initiate activity that will take us closer to realising production from our portfolio of assets for the benefit of our shareholders. The enforcement of the CY-OS/2 Award would present new resources to expand our portfolio. Through the down cycle in commodity prices we can achieve tangible value creation provided we have the constructive collaboration of all stakeholders of our India based assets. The actions of our joint arrangement partners and sovereign authorities will shape our future in India."