grahod, you're new here aren't you?The best place to start for a...

grahod, you're new here aren't you?
The best place to start for a briefing on HDR is www.hdr.com.au
HDR releases an update of their position and expectations on a regular basis.
Then go to the ASX website, asx.com.au , and have a good read of recent announcements, say over 5 years.
But you're in luck, because the hardcore HC Hardmanites are awaiting an Open Briefing from the CEO Mr Potter. And it must be coming soon!
When it's released you'll hear the cheering, no matter where you are!

But to be a little less facetious for a moment HDR is a partner in 5 significant discoveries offshore Mauritania, and it would be a brave person who offered a strong guesstimate of how much oil is involved, because we don't know. The surface has been scratched.
There is a lot of oil and gas and production starts late this year or very early next. At about 75000 barrels a day and about 20% is HDR's.
I think it is fair to say that the rate of production will rise and we can't see the end, yet. Maybe not even in 20 years time, or 30, or 50. Who knows.

But I'm biased. Because I love the stock.

T