what is hdrs net profit per barrel, page-7

re: the poms are excited! That's an impressive rise in the UK .. a high of up 15.5 cents on volume. I think we would have finished higher only there was a general sell-down of the oilers in anticipation of POO falling because the Saudis had successfully foiled the attack on their installations.

HDR should firm up in coming weeks. I use OXR as an example .. at first gold and then copper production there was a small jump but the real gains came some months later once the cash flow was reported and the the gold and copper prices rose.... I expect the sam with HDR beacuse the instos operate that way. At the moment its only traders playing with it and if a run is not suatained even intra-day they exit and it falls again.

H