HDR hardman resources limited

mputa2

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    My best guess on what we are likley to hear today is preliminary results. That is well at TD over the weekend (they were about to enter the top zone on Thursday), with some indications re oil and or gas shows while drilling. Testing to follow and interpretation to follow (i.e. they may have some preliminary wireline logs but not definitive). Just an estimate and of course they could be further progressed.

    Simon said if Mputa-2 isn't successful that won't affect their plans overall and there are a string of other prospects to drill along the fault line (whereas Mputa-2 is in the centre between the faults).

    H
 
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