2:41 FID Late 2019
3:56 Actively looking for additional acreage with CNOOC
My comment: 10 Senegal blocks coming up for licence bid round 1H 2019 recently announced by Petrosen. AMI extended for this?
6:35 Expect Samo spud around 20 Oct , 35 day well with results early to mid december.
9:27 SNE $12.50 NPV @ $70 per barrel!
My Comment: With 90M barrels net to FAR phase 1 that is NPV $1.1B - double current mkt Capless whatever they need to give away to get finance deal over the line. 0.1B? i.e. some significant growth in SP is expected if you expect oil price to remain around current level long term average as I do.
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2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
3 | 84150 | 0.470 |
2 | 60000 | 0.465 |
Price($) | Vol. | No. |
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0.520 | 50000 | 1 |
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