I expect coming 12 months to be news rich.
FPSO Tender selection soon. FPSO tenders were due by the end of May.
SNE Evaluation Report Submission - Due in next 2 weeks.
Evaluation Report may also deliver a reserves statement and possible upgrade?
This evaluation report should lead to official DOC declaration and excision of SNE from the exploration PSC.
New Senegal Oil Code
PE Terms of Reference Set - End of June (hopefully)
PE Timetable Set - end of July? (possibly)
Renewal or bidding round for other Senegal exploration licences held by Trace and APCL after new oil code in place
Samo Drill should be complete in November - big find?
Gambia vs APCL Abitration complete on Gambia blocks and new farm-in or licencing bidding
Explotation Plan for SNE before year end
Further exploration north of SNE on the Rufisque portion of the continuing exploration licence (Licence expires in March 2019).
PE complete 6 months after Timetable set - end of January (possible if Tribunal agree to default time limit)
FAR announce SNE funding Solution early 2019 before FID?
Renewal of exploration licence outside of SNE - by March 2019?
FID after PE completes? (FAR and WPL saying mid 2019)
Further Samo Well before July 2019?
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