I beg to differ there ching, Ching and Tiof alone are worth $3...

I beg to differ there ching, Ching and Tiof alone are worth $3 to HDR.
So the accumulators we've seen from late last year are still getting in at bargain levels.
I posted about reserves the other day. Worst case scenario is Mauritania holds 10 billion barrels IMO. 20% of that is 2 billion barrels so lets say a billion recoverable.
WPL's reserves as of last week was stated at just under a billion.

Cheers,
xmagx