Hindustan Oil Exploration Company (HINDOILEXP) is engaged in the exploration and production of oil and gas. The company was incorporated on Sept. 22, 1983. Burren Energy Plc has a 26% controlling stake in the company. The company has its operations in eight oil/gas fields in India including the Cambay basin, Cauvery basin and Assam Arakan basin, which are in varying stages of exploration, development and production cycles. The consortium partners include Hardy Exploration & Production (India) Inc., Oil & Natural Gas Corporation, HOEC, Tata Petrodyne, Mosbacher (India) LLC, Gujarat State Petroleum Corporation, Oil India, and Indian Oil Corporation.
The company has successfully commenced production at Pramoda oil field in Palej Block and North Balol gas field with a production of about 450 BOPD. It has enhanced its participating interest in Assam Block from 25% to 40.32% and has a firm drilling program in the Cauvery and Cambay basins. In FY07, The company executed an agreement with PPN Power Generating Company, an independent power plant in the State of Tamil Nadu operating a 330.5 MW power plant, for the supply of upto 51,000 MMBTU per day of natural gas from the company\\\'s PY-1 Cauvery Basin gas field, which is slated to commence commercial production from the first quarter of 2009. HOEC Bardahl India, a wholly-owned subsidiary of the company, is engaged in the formulation, manufacturing and marketing of high performance fuel/engine additives with technology from Bardahl Manufacturing Corporation Inc., USA. It has strategic alliance with OEMs like Maruti and Hyundai and offers products like special injector klene, octane booster, diesel combustion improver, concentrated gear oil additive, and several other products. The registered office of the company is at HOEC House, Tandalja Road, Off Old Padra Road, Vadodara-390020, Gujarat.
The company has successfully commenced production at Pramoda oil field in Palej Block and North Balol gas field with a production of about 450 BOPD. It has enhanced its participating interest in Assam Block from 25% to 40.32% and has a firm drilling program in the Cauvery and Cambay basins. In FY07, The company executed an agreement with PPN Power Generating Company, an independent power plant in the State of Tamil Nadu operating a 330.5 MW power plant, for the supply of upto 51,000 MMBTU per day of natural gas from the company\\\'s PY-1 Cauvery Basin gas field, which is slated to commence commercial production from the first quarter of 2009. HOEC Bardahl India, a wholly-owned subsidiary of the company, is engaged in the formulation, manufacturing and marketing of high performance fuel/engine additives with technology from Bardahl Manufacturing Corporation Inc., USA. It has strategic alliance with OEMs like Maruti and Hyundai and offers products like special injector klene, octane booster, diesel combustion improver, concentrated gear oil additive, and several other products. The registered office of the company is at HOEC House, Tandalja Road, Off Old Padra Road, Vadodara-390020, Gujarat.
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