Hi all,
Considering HDR's great run from the 1.60's, it's no surprise to see a few profit takers about before drilling begins. WPL's Tiof whinge certainly knocked the sails off HDR temporarily but the ST should be back in Mauritanian waters any day IMHO. Once again it's interesting to note Tullow have a firm well booked for block 2 in Uganda which is strange considering HDR are the operators and we've yet to hear anything from them to date. Surely an announcement can't be too far away Mr Potter. Looking forward to the quarterly update !
From Tullow's AGM Presentation.
2005 Exploration Schedule (Firm Wells)
ƒá September 2005 ¡VMauritania, Block 1
ƒá October 2005 ¡VUganda, Block 2
ƒá November 2005 ¡VGabon, Kiarsseny
ƒá December 2005 ¡VGabon, Akoum West
http://investor.tullowoil.com/tlw/ir/reportspres/finreportspres/2005/presentations/agm05/agm05.pdf
Cheers,
xmagx
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