Bast*ards!! HDR management have certainly sold us out .. this proves it! With 37m NET pay the oil column is probably well over 100m and that's not the primary target!
Heritage is a small company by the way and anyway they recently signed a PSA with DRC for the other half of lake Albert to the north of the TLW/HDR block so they have plenty of exposure.
We should see HDR up strongly today .. that will be nice.
H
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held