HDR hardman resources limited

OlivierI agree that HDR will at any time be sold down on any...

  1. hardmano
    16,264 Posts.
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    27/09/02
    11:32
    Post #: 64144
    Olivier

    I agree that HDR will at any time be sold down on any news that the market interprets (or misinterptrets) as bad.

    Why do you think that the next Ching well will only encounter a 20 metre oil column when searching for the oil/water contact. I spoke to HDR about this after Ching 1 and they indicated that there was an interpreted thickening of the reservoir sands away from the apex of the salt dome. Somewhere between Ching 1 and the spill point the oil accumulation will be greater - do you think that they are going to drill right out near the edge or somewhere in between?

    Cheers

    H
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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