HDR hardman resources limited

re: half yearly report out now/arttse "Tiof results positive –...

  1. Rayrac
    701 Posts.
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    15/03/05
    00:04
    Post #: 830371
    re: half yearly report out now/arttse "Tiof results positive – Woodside has booked a contingent resource of 287mmbbl (gross) for Tiof, although lower than expectations the estimate is based on results prior to recent positive flow testing. We continue to model 329mmbbl (gross) recoverable reserves, with first oil production expected in mid-08."

    Shouldn't that be NET?! IE, 1 billion barrell GROSS field plus?
    HDR Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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