AOE
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0.00% $4.68 arrow energy limited

re: another hdr? your joking I think oil companies who make...

  1. jocam9
    1,317 Posts.
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    30/07/04
    11:37
    Post #: 531471
    re: another hdr? your joking I think oil companies who make statements like Arrow did recently deserve an ASIC reprimand. Those reserves are 3P which means if I am not mistaken they have a 10% chance at best of being in the ground. Then they are CSM or unconventional gas. It is not, as the company 's press release would have you believe, a conventional gas field. Getting it out is a problem lots of wells needed and lots of water and then you hjave to find a market. This one is nothing like HDR
    AOE Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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