Ann: Maari Dev drilling update_11 March 2009 , page-30

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  1. 4,563 Posts.
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    re: Ann: HZN: Maari Dev drilling update_11 Ma... hahahaha Zlato,
    I am a kiwi bird...
    that might have something to do with it...

    Entropylord,
    You could be quite right that HZN might not be alright...
    It is just my preception that all will be ok because of those NZ assets...
    I have just read that Maari Production costs have now increased to $30US per barrel, with the Union pay rises (strike threat), and higher overall costs...
    so it is vitual that Barrels remain above $35US...

    as for HZN, it doesnt really matter to us does it?... I hold CUE...
    so lets just keep this to CUE talk eah...
    Im not up with the play on HZN's debt situation/structure/refinancing etc.. but I know it is around 80% or above debt to equity which is dangerous for any company...and more so in this market...

    It is hard to think that oil prices would remain under $40US for long... its just not blooody possible !...
    Arrghhhh.... who am I kidding...
    anything is possible ...
    show me the money...

    Does someone have an update on the OPEC meeting over the weekend?
    thankyou...
 
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