who will be the next hardman, page-2

blackgold

Hi! I don't know which stock will be THE next HDR .. but I know that ESG will be MY next HDR! I grew tired of the risk involved with HDR's remote location, sovereign risk and offshore drilling in new frontier territory .... I'm now sticking with a company that has a resource of more than 17 TCF of CSG in the groud and is on the verge of development with an MOU with MacGen to supply gas if they convert their coal fired power stations (Bayswater and Liddell .. 40% of NSW's power) subject to a feasibility study by MacGen and ESG proving up reserves.

Much safer, way better management and no compatition in NSW. It doesn't get much better. And .... no one well (as there are 100s of them with CSG) will make or break. So it won't find any elephants but it already has one in its CSG resources. And they are planning a spin-off of conventional oil and gas assets as well .. just to add to the attraction.

H