RE: RE: RE: RE: RE: 3 HRT Wells Ok, thanks for that.
I think the way forward is reasonably clear. I think the seller is gone. Their last dumps were at 40 and 35 cents.
I thnk HRT will come good. I listened to their podcast yesterday. A good listen. I have read and listened to marcio Melo's other talks and Wagner Peres. They have an excellent track record, have a real understanding of the geology. The operation being carried out in Namibia is using top class seismics, preparation, independent crews etc. They have done all they can. Just got to strike oil now.
I have a small position in HRT because I think they are being sold down by the markets to allow the big boys to hoover up a greater share of the company and I think they have an excellent chance of hitting oil in either the Amazon or Namibia.
EOG will give far greater rewards though even if HRT strike oil. EOG's real estate will go from swampland to Manhatten overnight.