re: Ann: Hawkley Drilling and Production Oper...
"as warren says only be concerned with the facts" That is a very good saying Luke.
I very naively thought that the fluctuation in flow was caused by the gas plant working at max. They now tell us that it is caused by the a natural drop off in pressure. If this is the deplention rate then it is easy to work out how long the well will last.
Wells dont last for ever so I disagree with some posters about finding new assets. Having new places to drill seems necessary for any oil company.
HOG Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held