hdr sells eni-agip percentage, page-55

re: dare i say it ??? King

Should be interesting - being in HDR is certainly not boring! The market hasn't realised or given any value to the increased likelihood of the gas being developed - but it may well eventually be factored in.

A great result - what next? A farmin in Guyane and drilling plans, or in Uganda? Drilling offshore Gabon? We can also expect the firm exploration and appraisal program for Mauritania this yera to be announced in early-mid March.

Cheers

H