NEW DELHI - Indian exploration firm Oil India Ltd hopes to acquire stake in at least one overseas oil producing asset by the end of this fiscal year in March, its Chairman N.M. Borah told reporters on Tuesday.

Earlier, we had bought stakes in exploration blocks through farm in and bidding ... We hope to buy stake in at least one producing property this fiscal, Borah told reporters without specifying any region for the planned buy. (Reporting by Nidhi Verma; Editing by Malini Menon)