wallygog,
Regarding the CSEM data you've stated:
"IE :SHELL if they do not take the option they do not have to give a licence to FAR."
I used to think that was a possibility as a previous announcement left me in doubt due to the wording.
But now the recent Quarterly Activities report seems to clarify that :
"The Data Acquisition phase was completed on 28 May 2009. SHELL has advised the data appears to be of good quality and anticipates having conclusive results available toward the end of August following which FAR and Petrosen will be provided with a comprehensive report. The CSEM data will be licenced to FAR, Petrosen and Shell."
No mention of that being dependant of Shell exercising the option, so it looks like FAR gets a licence either way.
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