Friday, September 16, 2005 3:13:51 PM
Let's not forget our other gas fields!
Don't take your eye off the big prize and IMO we will be highly rewarded in 8-12 months. This NEW gas news is only one field;
http://biz.yahoo.com/bw/050916/165379.html?.v=1
Our LaSalle Parish oil/gas fields are probably in negotiations as we speak;
http://www.integratir.com/newsrelease.asp?news=2130952800&ticker=HDY&lang=EN&title=News+....
Followed by upside drilling plans;
http://www.integratir.com/newsrelease.asp?news=2130833831&ticker=HDY&lang=EN&title=News+....
This company is bringing on domestic oil production quickly and once the LA natural gas is on-line we are worth a hell of alot more than a buck, relying on domestic production only.
This Guinea PSA has to and must be upheld or there will be larger worldwide ramifications other than our stock price.
All rights granted to other companies in STP, to Nigeria, to Eq. Guinea and all of West Africa will be in jeopardy. If Guinea can reneg on their PSA; all other countries will try to do the same. Oil wasn't worth beans 4-5 years ago.
Think what that will mean to the world oil markets if our agreement collapses!
About 35 days to our arbitration date. Soon as this is resolved we are back to 3.00+. We'll be drilling soon after.
Look, we have 42 million out, 24 million float. If HDY hits big gas and oil within 6 months what do you think will happen to the stock price?
Once they hit and announce partners what do you think will happen to the stock price?
I see downside if chicken-shits and traders sell. I am buying on the dips (although I don't think I'll see anything less than .85 -.90)
If you have tough or interesting questions go to the IR Forum recently set-up at the website. Pepper Chris Watts with your relevant questions. This is our company, go after the answers. If you're shy post anonymously.
http://hyperdynamics.blogspot.com/
Click on the "Comments" link at the bottom right of each article to read or post messages.
Best of luck to all investors.
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