There was an interesting documentary on the emerging oil province of West Africa tonight. The main point was the serious and growing interest by the major oil consumers USA & China. In relation to the standard political instability of the African countries it was said that deepwater offshore drilling is not affected by these events. They are so out to sea there is no effect and if there is a change of government, the new government is just as interested in making money as the last. If that makes sense to you,a coup in Mauritania could be the best buying opportunity in this company for a long time.
HDR Price at posting:
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