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Ann: FAR obtains additional 10% interest in Gambian blocks, page-35

  1. 16,270 Posts.
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    Hi Dodds

    Yes a good announcement and great to see the terms of the lease renegotiated. Even though Cath did say Erin's 20% was "ours" in the end the gambians have chosen to share it between the remaining JV partners .. only fair I guess and keeps things "transparent". Gives FAR heaps of equity to farmout perhaps for another free carry?

    Now we just need to hear about financing of SNE and next year's drilling ....

    H
 
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