From memory Cairn got $300mil for its 30% WI
We get $66mil for our 15%.
and FAR mgt used the same metrics as the Cairns Sale in its quarterly (and stated that they were confident of achieve it). Another fail.
I have a lot invested in here - on the promise of developing the oil field - as was announced in Feb/Mar. That’s now gone
Ann: FAR Senegal Sale Announcement, page-22
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