Hardy Oil and Gas reports the spudding of the first well on the Company’s D9 (KG-DWN-2001/1) exploration license.

The D9 license, in which the Company holds a 10% participating interest and is operated by Reliance Industries Limited, is located in the Krishna Godavari basin on the East Coast of India and covers an area of approximately 11,605 km2.

The exploratory well KG-D9-A1 spudded on 31 August 2009 with the Transocean Rig (Deepwater Expedition) at a water depth of 2,754m. The well will explore the hydrocarbon potential of the Early and Middle Miocene slope fan sands with a planned TD of 4,820 m TVDSS. This is the first exploratory well of the four well minimum work programme in the block.

Commenting on the development, Yogeshwar Sharma, Chief Operating Officer of Hardy said, “We are delighted to announce the drilling of the first deep water exploration well on D9 to explore the Early and Mid-Miocene slope fan sands of the block.”

Tags: Hardy Oil and Gas