HHR hartshead resources nl

Don't panic, page-7

  1. 3,935 Posts.
    I wouldn't be too worried about the Oil price at the moment. Freeport MacMoran are not looking to sell their oil for quite a few years. The main thing is to discover what is in our lease. Production will come in a couple of years, but once we have oil we have reserves and a valuation.
    Oil prices are falsely low probably to screw Russia. This won't last and we will see $100 pbl oil again soon.
    The excitement for PVD is a free carry through two wells, and a farmout in **on with cash refunded.

    Cheers all,
 
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Price($) Vol. No.
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