Hardy Oil & Gas (HDY) Trading Down 27.1%

Hardy Oil & Gas plc (LON:HDY)’s share price fell 27.1% during mid-day trading on Friday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3.10 ($0.04). 347,307 shares were traded during trading, an increase of 12,927% from the average session volume of 2,666 shares. The stock had previously closed at GBX 4.25 ($0.06).

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Hardy Oil & Gas Company Profile (LON:HDY)

Hardy Oil and Gas plc, an upstream oil and gas company, engages in the exploration, appraisal, development, and production of oil and gas properties primarily in India. It holds a 18% interest in the PY-3 field covering an area of 81 square kilometers located off the east coast of India Cauvery basin; and a 10% interest in the GS-01 block, which covers an area of 600 square kilometers located in the Gujarat-Saurashtra offshore basin off the west coast of India.

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