Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Today I will take a quick look at the Horse Hill-1 Portland well result. Now I won't be scathing about Brokermandan, a fellow writer here on ShareProphets, but I don't think he has got this one right.
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Comments
John ☠ The Tax Collector ☠ Zacchaeus
30% recovery rate of 3.1m gives around 1m barrels of oil. Haven’t HH already spunked 6m quid on HH-1? If there is no gas, HH will be plugged and abandoned, just what Esso did. No wonder DL did a runner from Twitter and resigned from other comapnies.