Morning all,
Have read the quarterly report which I thought was downbeat only A$139.4 million net cash or around £60 million as I first stated. Thats bye the bye
What I would like to ask is this the report quotes net 4980bopd for HDR but the gross daily figure is quoted at 30999bopd. I thought HDR was entitled to 19. something % of oil from the ground so should the net daily figure to HDR not be 30999bopd/100*19= 5890 bopd rounded up. What has happened to the difference of 910 bopd? Is it a mistake in the figures?
Seems a lot of barrels per day to go missing . Will it counterbalance itself in the next quarter or have I goofed
regards
Acamas
HDR
hardman resources limited
