HDR hardman resources limited

uganda update, page-36

  1. 371 Posts.
    re: in the balance i was wrong for hj Flow rates averaged 45kbpd for 10 days, suggesting rates are less than that, maybe 40kbpd. SP mentioned in some of his presentations he expected rates to stabilise around 40-45 until the compressor is fixed and further drilling occurs.

    My guess is that IF indeed the rates stabilise around 40-45 there's no requirement for another announcement, and there won't be one. The quarterly report will show the story of the last several months. I think it'll still show some fairly robust income due to the high oil price.

 
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