SP in the next few weeks will depend on the outcome of the current well, and there could be a "tricky" result, if they announce a sucess in the miocene target, which is estimated at 40mmbls, it would not be commercial without the cretaceous success. Maybe it could be commercial in the future [next year] if another nearby well is sucessful. If the sp drops on a "duster" at Pourne, I beleive it will recover quickly, HDR is now a genuine medium long termer, it is no longer a spec, still lots of blue sky.
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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