HDR hardman resources limited

stena tay 2 year extention options, page-3

  1. 616 Posts.
    Mr Potter might have to use the 100 million overdraft to pay HDR's share of the ongoing exploration and appraisal costs let alone anythibk towards the TIOF capital development costs.
    However if he has to spend up big to proveup another billion barrells of recoverable hydrocarbons so be it.

    It might be cheaper to purchase the Stena Tay for the rest of the exploration and development wells because by the time it is finished in West Africa and both the north and south of South America it will surely be well and truly worn out!!

    cheers
 
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