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Ann: Bambo Well Results, page-95

  1. 5,715 Posts.
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    I would be suprised if another well is ever drilled in the A2/A5 leases.

    They have drilled the two best prospects already (with the benefit of all the SNE drilling data and the new 3D that was shot over Gambian waters and also the Samo well data) and they didnt find any oil, despite testing the SNE extension which was probably the best chance of finding any oil.

    Chasing oil with the third best prospect just seems like gambling given FAR hasnt hit any actual oil resevoirs out of the six or seven resevoir targets in the Samo and Bambo wells.

    However I suspect FAR will now try to pump up a target in A5 as the new shiny thing to justify the ongoing existence of the company for the next few years.
 
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