Senegal - Big Changes, page-16

Hi Barney,

I'll give the abbreviated summary (as i'm time poor). News outstanding:
(1) We have until end of October to declare if we will pursue drilling in the DJ block that we picked up 75% for a bargain price of 1 million. There appear to be prospects here and being shallower water will be much cheaper to drill.

(2) FAR appears to be pursuing PE on the WPL and COP deal. It "appears" we have backers and unknown if it will go to court. Upside is pretty huge if it pans out. We are in a news blackout here.

(3) Info to be released on continued drilling (expecting 2 wells)

(4) DOC - we may be releasing our own ahead of CNE who appear to be releasing in 2017. Not sure about the timelines.

(5) there is always a possible TO considering parities may not be happy with just COPS 35%

That's the view from 30,000ft. Let us know if you jump in!

Someone with more time can flesh out the details or you could wade through the zillion posts since you left FAR.

Good luck