HOEC share price surges on rumour of oil find at PY-1

Vol 13, PW 7 (10 Sep 09) Exploration & Production
     

For over a month the Mumbai Stock Exchange has been abuzz with rumours that Chennai-based Eni-subsidiary Hindustan Oil Exploration Company (HOEC) has stumbled upon a big oil find at the eastern offshore PY-1 gasfield, where it holds 100%....