Stock Analysis report, page-17

If anything like this comes to fruition (COS ?), I think a few here would owe an apology to the Waterman, never mind saying thanks for a Christmas present. Could it be? Why not. The oil sentiment is slow to turn, but when it does it usually explodes. I think it was Exxon that recently released a forecast, since they wish to stay in oil, that if all cars are electric by 2040, the world demand for oil would still outstrip the current demand. Since 2010 the largest new oil fields found contained 500 mbbo and the ratio between finding the oil and using the oil is around 1 to 4. Does not include depletion of oil wells around 5% and increase of oil demand around 1.5 mboo per day. What is there not to like about FAR. Currently sitting in the driver seat. (I hope I got these numbers right. Whiskey please help)