HDR hardman resources limited

23000 barrels of oil

  1. 276 Posts.
    Just read the HDR RNS very disappointing in my opinion only 23000 barrels of oil per day produced on average in November and 27000 barrels per day on average in October. The past year in Mauritania has not met anyones expectations. The JV's desperately need the new infill well.

    Wish I was as optimistic as Mr Potter is about encouragement for further success in Mauritania how many uncommercial wells is it now, four. They need a new strike and soon.

    Whatever happens to HDR any new buyer cant be rubbing their hands with glee over the prospect of being part of Mauritania

    With revenue decreasing by the month HDR was dying on its feet. Good luck to Tullow if they get HDR they are going to have to spend considerable sums before they see any real rewards some years down the road. Hope I am wrong on this point but very much doubt it
 
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