Shares of Hardy Oil & Gas plc (LON:HDY) rose 5.7% during mid-day trading on Thursday . The company traded as high as GBX 3.20 ($0.04) and last traded at GBX 3 ($0.04). Approximately 124,017 shares changed hands during trading, an increase of 4,552% from the average daily volume of 2,666 shares. The stock had previously closed at GBX 2.84 ($0.04).
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About Hardy Oil & Gas (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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