In the end I guess it will all boil down to how good the HDR analysis is before they put up the For Sale sign. They need to do what Dana have done and have a Faucon good look to find the best prospect before engaging a partner or a drill bit. I think this is there current strategy. After this it is just a risk management execise. If they think it is a better prospect than the market believes then they could take on the additional risk. Otherwise prudent option is to farm out. Hopefully this region has similar characteristics to Mauritania so HDR can leverage there experience and use CSEM technology.
HDR
hardman resources limited
