HDR hardman resources limited

spin doctor required perth, page-25

  1. 310 Posts.
    re: out with it microsoft... abuman Well just how should a layman look at this?

    About 4 to 5 months of production with production rates starting at 75000 to now less than 40000 barrels a day.
    Around 4 million barrels extracted in total
    Around 800 million spent.
    10% of WPL quarterly production 15% of revenue (134 million dollars gross).
    WPL says natural decline (after 4 months?).
    Just how much oil is actually down there? WPL reviewing that! Wasn’t it supposed 123 million barrels!
    No further indication as to how, if or when it can be fixed.

    Now I ask you do you feel like a neglected Mushroom or don’t they really know either?

    P.S I shouldn’t forget the Governments production bonus either.

    P.S.S Can’t expect everyone to remain warm and fuzzy after watching a 7% plus decline in HDR today.
 
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