12 DEC – Hindustan Oil Exploration hikes participating interest to 60% in B-80 field

  Hindustan Oil Exploration Company Limited (HOEC) on Friday increased its participating interest in Block-80 field to 60% from 50% and has also secured a medium-term loan facility of Rs150cr.   In its regulatory filing, HOEC informed that a Deed of Assignment and Assumption is executed with Adbhoot Estates Private Limited (Adbhoot) for assigning 10%…