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HPCL E & P Brochure August 09 vr 4 - Hindustan Petroleum ...

HPCL E & P Brochure August 09 vr 4 - Hindustan Petroleum ...

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5<br />

Our E&P<br />

strategy<br />

Using a standard and established procedure for screening of countries in terms of attractiveness and accessibility, selected<br />

countries in North & West Africa, South East Asia-Australia, CIS and Latin America have emerged as top priority focus areas<br />

for <strong>HPCL</strong> for Strategic Investment Plan in near future.<br />

There would be a simultaneous gradual transition to an Operator business model.<br />

<strong>HPCL</strong> would enter into partnerships to participate in bidding rounds and acquire assets on farm-in offer through consortia to<br />

build a balanced portfolio in India and overseas.<br />

8

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