Hardy Oil and Gas poised to serve Indian energy market

India-focused Hardy Oil and Gas has unveiled its preliminary results for the year ended December 31st, showing cash used from continuing operations before movements in working capital of 6.8m dollars.

India-focused Hardy Oil and Gas has unveiled its preliminary results for the year ended December 31st, showing cash used from continuing operations before movements in working capital of 6.8m dollars.

Cash and short-term investments at December 31st amounted to $29.1m compared to $36.5m in 2011 and the company reported that it had no debt.

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