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What we know and what's next?, page-64

  1. 2,996 Posts.
    lightbulb Created with Sketch. 2714
    Hi All

    H quite rightly points out Co says Kenya Ann first quarter. My mail still saying pre Xmas so will be interesting to see.

    Re oil price. Agree with Aqua that today's price will have little influence on price for first Senegal oil, however ...

    IMO it will, though, have short-term influence on our negotiating power. Be tough for CN to be sitting opposite hard-nosed opponents - sorry, JV 'partners' - arguing our reserves should be priced on any basis other than the prevailing price and outlook.

    Please don't get me wrong. We are all going to make good money on FAR, but let's not delude ourselves that the downturn in price and sentiment won't trim our sails.

    OOO
 
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