showdown looms, page-8

Guys, I had a conversation with Mike Harding yesterday and a followup with the CFO as there were a few questions I had that Mike wanted to refer to the CFO. Pretty much everything that Auto has said in his earlier post was repeated in my conversations with them.

A few points that the CFO made that perhaps haven't been mentioned are that when valuing HZN assets, the guys at ROC are taking into account the various national tax regimes. i.e. PNG and NZ having friendly tax conditions. He also mentioned that production figures (I think he was referring to Beibu) are affected by their process of shutting off some wells to then measure pressure levels across the field. If my recollection is wrong, I apologise.

As expected Mike was very upbeat. I post this, not as a ramp or vote of confidence but just as an effort to share information, I am as yet undecided on my future direction. I wish in the 'Sentiments' menu they had a choice for "No Clucking Fue"..... Personally, I will continue to monitor and listen to Auto.