HDR hardman resources limited

Tullow Oil use the CSEM technology for their Ghana wells and I...

  1. kkw
    7,507 Posts.
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    08/05/09
    14:52
    Post #: 5111130
    Tullow Oil use the CSEM technology for their Ghana wells and I guess it proves the success. There was a write up about it if you care to look it up in the net.

    Apparently and I am no expert, it cannot be used on land as there are too much noise interference.

    Nonethless, their success rate is unbelievable.

    I am ex HDR and boy am I glad. Can't wait till 2H 2010 when they are going to be pumping 120000 BOPD just from Ghana alone. By then oil price should have recovered and I think we could see 20+.

    KKW

    HDR Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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