I reckon that the results of Mputa-2 and their implications (that is, commerciality, connected to Waraga) are the single biggest news that we have awaited in some time. We had a very muted response to Mputa-1 because no testing was done and waraga was also muted as it was during the dispute. A good sized oil column, with good quality thicker sands and an estimate of the Mputa accumulation of over 150mbbl will be VERY significant for HDR.
What is everyone doing?? Holding? Buying? Selling??
H
HDR
hardman resources limited
