HDR hardman resources limited

drilling update, page-2

  1. 701 Posts.
    Stuck? That's a shame, wish I understood the mechanics of the drilling game!

    Oil to $30, that shouldn't affect HDR to much.

    Burren Energy - Telegraph
    Burren Energy and Venture Production, two independent oil and gas companies, yesterday forecast that the oil price would fall by up to $10 by Christmas. Finian O'Sullivan, chief executive of Burren, said the oil price would be "in the low 30s" by the year-end. Mr O'Sullivan said: "Nearer $30 is the real price. After the US election [in November] you will see that." Finian O'Sullivan, CEO of Burren Energy Mr O'Sullivan said the price - $42.27 last night for benchmark Brent crude - was being supported by a $31-a-barrel "welfare" cost of maintaining the expensive lifestyles of people living in most Opec countries.
 
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