Have we all missed something?, page-29

The part of the Quarterly that some seem to be debating is:
‘Analysis of FAN-1 and SNE-1 well results to further evaluate the resource potential of the discoveries continues.

A report including final well evaluation is expected to be released in the first quarter 2015.

The results of the FAN-1 well and the final analysis from the SNE-1 will be used to decide optimal follow up drilling locations as part of an appraisal and additional exploration program. FAR has mapped numerous exploration prospects in the permit area with prospective resources totalling 3.585 billion barrels of oil (gross, unrisked, best estimate basis, 538 million net to FAR)*’

I read this as follows:
1.Analysis of FAN and SNE is continuing (first para)
2.The third para then states that ‘the results of FAN and the final analysis of SNE will be used’ etc etc ….

To me these two statements conflict with each other as the first indicates that the analysis on BOTH is continuing however the second indicates that the analysis of FAN seems to be complete and final analysis of SNE is still to be completed!!!

As the lab would have received the data from FAN approx. 6 weeks prior to that of SNE therefore IMO the lab would have completed the analysis of FAN before analysing the results of SNE (or maybe had 2 teams working on the results however the FAN team would have had a 6 week start), IMO I believe that the analysis of SNE is in fact completed and the analysis of SNE is still to be completed as per para 3.

All IMO

HKP