HDR hardman resources limited

Part of todays Tullow report, which looks VERY bullish for...

  1. 701 Posts.
    Part of todays Tullow report, which looks VERY bullish for Hardman! Keep your eye on Tower Resources, they hold all of the northern block (Block 5)!



    * Exploration success: three oil discoveries in Uganda, three UK gas
    discoveries

    * Uganda: Encouraging well results leading to basinwide exploration
    campaign

    * First oil delivered from West Espoir, Okume project on track



    Commenting today, Aidan Heavey, Chief Executive, said:



    "Today's record results demonstrate the quality of Tullow's portfolio and
    continued growth of its business. While competition for resources, talent and
    quality acreage is intense, our strategy, based on key skills and well
    understood regions, has proven effective. In the short term, we remain on track
    to achieve our production target of 75,000 boepd by the end of the year, while
    recent exploration results in Uganda and the programmes planned in India and
    Namibia provide outstanding opportunities for growth. The outlook for Tullow
    remains very positive."
 
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