fair post sle - if punters actually bothered to read announcements already made by FAR in relation to current drilling activity, they'd realise there's not much to get excited about to date.
So what they've found oil shows? there's a country mile between that and any commercial potential. Furthermore, the operator indicated a tight oil formation - that's really bad news for anyone even remotely familiar with oil plays. And as you noted the current well is a pure exploration well, so there's lots more drilling ahead no matter what the current well indicates.
Much ado about nothing if you ask me...... IMO of course
Ann: Trading Halt, page-34
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