HDR hardman resources limited

email from hdr in relation to many investor querie

  1. 633 Posts.
    Hi All.

    Got a response back from Dean Richardson at HDR in relation to an email sent asking about what prospects have had CSMEI and the nature of current drilling, i.e. genuine wildcats or more of WPL's "Scientific" wells.

    Also asked about info releases as many of us are really guessing about current ops. Anyways here's his response, pretty general take from it what you can.

    Regards. A.

    Dear Mr _

    Thank you very much for your support and interest and we are always happy to respond to inquiries. Certainly from an operator prospective we are unable to release any specific information in regards to the electro magnetic studies that have been concluded in Mauritania earlier this year. The most prevalent reason for this is because both of the cutting edge technology component, its availability and the specifics of assessment of the data. With only two global providers of this type of technology it is viewed as important to allow the natural progression and success/failure to be kept confidential as we would not want (particularly if successful) to be unable to access this for both further Mauritanian acreage but also for the possibility to be able to utilize this for some of our other acreage (Guyane being an obvious candidate).

    In regards to Company updates etc, we had been preparing a release pre the events of 3 August and have had to wait to see the situation evolve before really being able to issue a more general update. With the situation remaining calm, I would expect us to be able to release some broader updates, both in line with the Good Oil conference in Perth next week but also with some broader outlines. We understand and sympathize with your frustration however I am sure you understand that recent events did affect the timing of sensitive and strategic releases.

    Now (hopefully) with business as usual currently in Chinguetti we will be able to update the market in general and on the strategic vision for Hardman going forward.



    Regards and best wishes,



    Dean Richardson

    Investor Relations Manager

    Hardman Resources Limited

    Direct (08) 9261-7618

    Switch (08) 9261-760



 
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