> * We have estimated the potential upside in HDR's share price for
> success in the current and forthcoming wells. Admittedly the possible
> reserves additions and risk factors are subjective, but they do provide
> and indication of where HDR could be headed.
> * Chinguetti 4-2 (incremental 40 mmb gross) +20c
> * Chinguetti 4-3 (incremental 30 mmb, risked 60%) +9c
> * Banda 1 (100 mmb, risked 33%) +19c
> * Thon 1 (100 mmb, risked 33%) +27c
>
> ________________________________________
>
>
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Anthony Noble, MD & CEO
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MD & CEO
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