Its official, estimate conservative. From newswire:1326 [Dow...

Its official, estimate conservative. From newswire:

1326 [Dow Jones] Hardman Resources (HDR.AU) says its estimate of recoverable
reserves of 30 million barrels of oil at its Ugandan targets is "conservative"
and could be set to grow. Managing Director Simon Potter says estimate based on
drilling of only three wells and that Nzizi appraisal well could increase
estimate. "Our mapping and what we currently see would lead us to believe that
with the drilling of Nzizi there is considerable room for upside in these
numbers," he says. Says more accurate numbers will be expected in "coming
months". Shares latest down a cent at A$1.44. (APW)