hdr value

If you want some food for thought on why the value of HDR (and any other significant oil operation) should be valued on the basis of $50+/barrel rather than $30/barrel, read the following article.

http://www.durangobill.com/OilCrunch.html

While it paints a bleak picture for the longterm, there is diminishing doubt that the price of oil is headed significantly north over the next few years.