Must be the Tiof effect ? they were pretty quick to drill holes all over the place there 5 or 6 I think.
Then put a billion barrels in the bottom drawer and say its to hard to get ? with poo at $64 p/barrell thats a pretty good incentive to go and pinch the easy bits now.
And then they admit they drill Labia on the wrong or outta edge and say they know where to drill it we have a drill ship sitting there but hey lets go drill some more dusters ( scientific wells ) first.
As I have said before I wish Ted caught have farmed in with BHP instead of WPL ad least Chip Goodyear likes to talk things up ( when they are positive )
Not to mention the f*ck up with no Gas agreement in place ( they quite often find gas when oil drilling )
No it sh*ts me and the salt in the wound is we would have doubled our money switching out hdr at $2.50 and buying WPL shares.
I thought 2005 was HDR year of the dog but 2006 is starting off in a similar pattern.
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held