As a follow up, this also from the Northern (NOP) thread...
I assume that this is a follow on to the comment in the NOP Interim Report [page 3] about NOP's 1.25% interest in Guyane.
This said that Hardman "has announced their intent to drill the first prospect in the middle of 2006 following the 3-D seismic survey to be completed in October 2005".
A statement from the previous Hardman quarterly report reads =========== "Hardman was awarded an Exclusive Exploration Licence (“EEL”) offshore Guyane in June 2001 and holds a 97.5% interest. The EEL is approximately 65,000 km in area, and includes the majority of the French sovereign territory of offshore Guyane. It extends from the twelve mile territorial waters limit to the 3,000 metre water depth contour. The EEL consists of up to three five-year periods, the first of which concludes at the end of May 2006. A well commitment is due by the end of the first period."
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
