Erin Energy Announces Farm-Out Deal With FAR for Gambia Blocks, page-10

jhmos.
I take it that the original article had been posted by someone else. I can't see the original post??
This is what I picked up from the Erin energy home page.

http://www.erinenergy.com/investors...-Deal-With-FAR-for-Gambia-Blocks/default.aspx

This I see as significant and is pretty much in line of CN's latest comments on the Ian Horwath U-tube interview.
Am I correct in thinking that there are yet other leases (with Timis involvement) located between the FAR's senegal leases and The Gambia leases.
All indications (to me in any event) is that SNE spills over into the leases immediately to the south of the FAR leases.
But yes, The Gambia leases are on trend. Only need to drill an exploration well to the extent of $8mil in 2018. And with a 80% earn-in all indicates to me that FAR have much room to draw in a big player and farm down 40% to have well costs covered. In fact (IMO) I believe FAR already indicated to Erin that they have the "financial might" to bring in the big players to get exploration underway.
AIMO
Cheers