Nice move SWW. With any luck this news will help shift SEY as well. What a good start to the day!

Hardman have always been very good to me.

;-))

No complaints here either.

sandrew64, looks like it's me and you here.

Price is holding at 85p as I write.

All looks good.

For some strange reason, which I have never understood especially as this company issues updates so regularly,HNR seems to be a forgotten share in the press and the bbs.
Perhaps they're all waiting til it hits a fiver a share. Cheers to you and me SWW.

It's Australian, and whilst I would not suggest that is the reason, the press prefers a British slant.

In respect of Mauritania, they have Premier to talk about.

I have often noted that good news from the venture is attributed to Premier e when in fact I would call their invovement, and I quote myself, "Piddling"

Sterling have pinched most of it anyway!

PMO are not a big player in Africa yet.

I note DNX are diving lately too, I wonder why?

I agree that there is a big upside now to HNR.

If you go to TMF, thwre is a lot of good info on the HNR board and very knowledgeable posters, oh I post but they are not interested in cooking it seems :-(

An excellent drilling report on Tiof 6, some good news from there at last. Seems to be better for HNR than SEY though, HNR up, SEY nothing. Well done to you HNR holders. Buy rec out this morning on HNR.

KBC Peel Hunt reiterates buy Burren Energy (BUR.L) and buy Hardman Resources (HNR.L).

Thanks gav good info.

I hope you have a few?

Keeping a very close eye on it. Was going to go long earlier at 85 via s/bet then sp moved up a touch so waiting to see what happens. A few decent sized trades earlier. I wonder what will happen in Oz overnight? Was looking at DNX earlier as well, pretty volatile today, but missed that one. Thats what happens when you try to keep your eyes on too much I guess! 2 eyes are not enough!

DNX is supposed to be profit takers, (having researched it).

Oz expects upward tonight, and this stock has a histroy of dropping a bit on the third day.

If the pattern is repeated, I may sell some back, then again........

Ah decisions, decisions, decisions! Lol. May wait here for a dip to enter, if one happens. Problem being, if up in Oz overnight then would be marked up from the open. Watching with a close eye though. The fall in DNX seems a bit of an over-reaction.

DNX is far to far imo.

4.56, would expect a little resistance (from advfn) around the 50 day SMA.

If it gets below 4.60 it has to be a buy.

If it dropped under 460 then I would be in, but don't think it will fall that far. Seems to be bouncing now. 456 would be a good price though to go long.

I'm in for the long term on this one. Got great confidence in it. I believe the recent rises will pale in comparison to when the taps get switched on next year hopefully akin to the Melrose Resources story.

I reckon you are spot on wypanb.

I have just decided that I am definitely a no sell of these.

From UK-Analyst tonight:

"Premier Oil stock added 23p to 608p after a warmly welcomed update on its Tiof-6 appraisal well in Mauritania. it said that the maximum rate the well had been flowed at was approximately 12,400 barrels of oil plus 11.0 million standard cubic feet of gas per day constrained by a 104/64 inch choke. The well test is currently in the main flow period and the well is flowing at a stable rate of approximately 9,150 barrels of oil per day in the main flow period constrained by a 72/64 inch choke, it added. Premier has a 9.231% interest in the well, with Hardman Resources having a 21.6% interest (up 7.75p to 84.25p) and Roc Oil a 3.693% interest (up 2p to 82p). BG Group also has a 11.63% interest."

Edited this from hotcopper, the original from yahoo biz will not load.

Hotcopper

Posted by daski00

INTERVIEW:Australia's Hardman Surges On Mauritania Hopes 15/02/05 19:43:00

By Stephen Bell
Of DOW JONES NEWSWIRES

"Over the next few months we'll move from analyzing the results, to
considering whether we should go to the next stage and move toward a field
development concept," Hardman director Scott Spencer told Dow Jones Newswires.
"We think the appraisal results are pretty good, so it looks like that is the
path we'll be going down," said Spencer.


&

Hardman declined to comment on market speculation that part of its strong
rebound Tuesday may have been due to renewed takeover talk involving U.K.-based
BG Group PLC (BRG), a minority owner of Tiof.
"We hear rumors all the time," Spencer said. At current prices Hardman is
valued at about A$1.37 billion.

Finally

A Woodside Petroleum spokesman declined to comment on the latest Mauritania
success.
"The appraisal results will take several months to analyze," the spokesman
said, adding that Woodside will unveil "contingent resources" for Tiof Wednesday
in its annual reserve statement.
Last year Woodside said that Tiof could become the company's second production
hub off the west African coast by 2008, based on a stand-alone development
costing up to A$2 billion.

Woodside managing director Don Voelte spoke to The Age.

.http://www.theage.com.au/news/Business/Woodside-set-to-step-on-the-gas/2005/02/16/1108500152881.html

Right at the end of the interview he slipped in this note concerning Tiof 6 and Hardman initial estimates.

..............., Woodside's first-pass contingent recoverable reserve estimate for the Tiof oil discovery offshore from Mauritania of 287 million barrels.

Mr Voelte said there was agreement on Tiof being a 1 billion barrel find (in-situ).

The eventual recovery factor could come in higher than Woodside has applied in its initial estimate. Tiof partner Hardman has suggested that 40 per cent - or 400 million barrels - is more likely

http://moneyam.uk-wire.com/cgi-bin/articles/200502170924287159I.html

FOGL's update on seismic surveys.

Hardman own 22.5% I believe and of course a slice of FOGL.


Movement for FOGL but none for Hardman!

Typical.

Unbelievable...sp down .30p again so far this morning.!!!???!!

MS if you are lurking...I tried your tandoori chicken recipe last night...delicious!! thanks for that.