Hindustan Oil Exploration Company Limited — Investor Meet, 22-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hindustan Oil Exploration Company's Q1 FY26 consolidated EBITDA was INR 35 Cr. New Kharsang wells added 350 barrels/day, targeting 1,000 barrels/day by Dec 2025. Dirok gas sales increased to 20 MMSCFD. B-80 production faced monsoon disruptions; 410,000 barrels of oil are slated for auction, aiming for INR 220 Cr+. Offshore PY-1 drilling is planned for Q4 FY26 following a positive PetroVietnam report. Total capex of INR 1,250 Cr is planned over 2-2.5 years, targeting 10,000 barrels/day production post-completion. Management expresses confidence in asset monetization.