re: hdr 'cheaper' now than it was at 0.04 Totally agree with you Ching ,if you have the patience the value should be there manifold. Unforuntately, unlike a number of comparatively simple on shore plays, exploration wells in this environment are expensive and time consumming- all the leads and prospects are not going to be tackled next week!.
Putting it into perspective, what is the rough guess on development timescale for meaningful production from the first two areas?Two years?
Regards, Tas
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