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.

Prospects look not too bad but production is poor, not in at the moment...., but keeping watch.

HDY and SMDR are 2 good oil shares to hold at the moment.

Is this the rise up before a rise up or the rise up before another drop?....seen things like this happening before !.

I know the feeling ..

ot have you seen SMDR..?

In SMDR but not HDY !

I hold both to be on the safe side..!

Wish I had more available funds !

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.

Major oil discovery for Dana today..

Better get in quick the price is going up all the time..!

One heck of a share.

RNS very positive this am drilling exploration well offshore in Sastray basin India.

Beginning to resemble Cairn energy .

Its on the move today what an incredible share.

No stopping oil shares today and Hardy is one of the better performers.


1100p target in 12 months.

A momentum play on the possibility of $200 oil price sometime in the future along with DNX..VPC.. SMDR.. and TLW

Hardy Oil is weakening...now 618p...expecting more downtrend.

I am out for now.

568p...I think 400p is the support...it will move downwards now.

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.

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%.