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0.00% 0.3¢ hawkley oil and gas limited

re: Ann: Hawkley Drilling and Production Oper... "as warren says...

  1. clark321
    448 Posts.
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    02/08/11
    09:32
    Post #: 8758775
    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
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    lightbulb Created with Sketch.  Great analysis
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