...they are slow to react but it also pays to b patient. Minnows take on the risk.
This is a poor decision to acquire additional blks. It smacks of desperation and lack of imagination.
After derisking the assets they now want to try it again?
How about bringing the current senegal assets online and returning income to SHs. Can extend reserves later through acquisition or alternatively tie other nearby wells to the infrastructure. Let someone else prove-up nearby blocks.
FAR Announcement, page-29
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