HDR hardman resources limited

re: hdr / roc halt My guess:ROC to pre-empt the sale of HDR's...

  1. 143 Posts.
    re: hdr / roc halt My guess:

    ROC to pre-empt the sale of HDR's ENI acreage to BG, and then on-sell the bulk of it to ExxonMobil, keeping a couple of % to bring ROC's share of Area A & B to about 5-6%. Capital raising to fund the cost of the few % kept by ROC, + China drilling, + Cliffhead development, + Equatorial Guineau drilling.

    Probably way off the mark but seems more likely to me than HDR taking a stake in ROC or vice-versa.
 
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