HDR hardman resources limited

merrill downgrades tiof

  1. 482 Posts.
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    Quote from DJ Newswire where Merrill Lynch have reduced recoverable from Tiof as part of Woodside revision.

    "has been somewhat offset by revisions to our volume of recoverable oil at Tiof to 200mmbbl (was 375mmbbl)".

    This info prrobably already factored into price after recent fall from grace.
 
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