Thanks sailor girl, we all know there's a bit of speculation in HDR's price but you could say the same for all quality spec oilers, there always has been .. ARQ, AWE come to mind.
What HDR and WPL have discovered is a new equation for finding oil - Miocene channels and the new 3D seismic that can locate them. That alone should be worth the share price.
BTW, have you noticed the coast line of Mauritania on maps .. how it's got a nice curved bow .. just like Victoria's coast, where the bass strait oil fields are located.
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energyreview's slugcatcher says hdr is a bubble , page-4
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