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Hindustan Oil Exploration Company Ltd
Hindustan Oil Exploration Company Ltd Company History
Hindustan Oil Exploration Company is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore.(Source : 202303 Annual Report Page No:105)
2003
Appoints Mr Rakesh Jain as the Managing Director of the company.
Exercises its preferencial purchase right under the respective production sharing contracts to acquire 53.85% participating interest.
Company's equity shares gets listed and admitted to deal in National Stock Exchange of India.
Acquires its partners Mosbacher India Ltd equity holding in two oil blocks under development in the cauveri basin for a consideration of $14 million.
2003
2004
Hindustan Oil Exploration - Signing of Gas Sale Agreement with GSPC
PY-1 Gas Sales & Transportation Agreement
2004
2005
Delists equity shares from the Bangalore Stock Exchange Ltd w.e.f. January 10, 2005.
Delists equity shares from Madras Stock Exchange Ltd (MSE) with effect from February 16, 2005.
Delists equity shares from The Calcutta Stock Exchange Association Ltd (CSE) with effect from April 25, 2005.
2005
2006
Hindustan Oil Exploration Company Ltd (HOEC) has informed that the Company has entered into a Loan Agreement with a consortium of Banks co-led by IDBI Bank and UTI Bank for availing a US Dollar denominated Term Loan amounting to USD 100 million to part finance the development of PY-1 Field.
2006
2007
The company has issued rights in the ratio of 2:3 at a premium of Rs.107/- Per Share.
HOEC - Natural Gas Sales & Purchase Agreement: Block PY-1
Hindustan Oil Exploration Company Ltd Issues Rights in the Ratio of 2:3
2007
2009
Hindustan Oil Exploration Company Ltd (HOEC) has informed BSE that the Board of Directors of the Company at its meeting held on June 11, 2009 has appointed Mr. Sergio Adriano Laura as Additional Director on the Board of the Company.
2009
2010
Mr. Sanjay Tiwari as Chief Legal Counsel and Company Secretary.
The Company, as the Operator of AAP ON-94/1 consortium, has commenced the drilling of the appraisal well in Block AAP ON-94/1.
2010
2012
Appointed Mr. V. Srinivasa Rangan as an Additional Director on the Board of the Company.
Hindustan Oil commences drilling of Dirok-4.
2012
2014
Hindustan Oil Exploration Company Ltd has informed that the Board of Directors of the Company at its meeting held on February 14, 2014, appointed Mr. Dhruv S. Kaji as Additional Director (Independent Director)
2014
2017
HOEC starts commercial gas sale from Dirok field
2017
2018
HOEC signs contract with govt for Assam oil block
2018
2019
Intimation of conditional agreement to acquire the entire share capital of Hardy Exploration & Production (India) Inc.
Inauguration Of Hollong Modular Gas Processing Plant, Dirok Field  Assam By The Honble Prime Minister Of India
2019
2022
Hindustan Oil Exploration commenced oil production and gas sales.
2022