sp support, page-51

Zann's probably up in sunny QLD chasing those sails he mentioned in his last post - if your are Zann hope you've got a couple in the bag.

Nice to see the SP heading north as we wait for the Senegal License extension. Once that's locked in then we head into 2011 which offers some huge targets. Funny how we brushed off GB's announcement yesterday where survey results have probably uncovered another multi mill boe target. Other companies the size of FAR would be doing cartwheels with this news, but not FAR - FAR's got a bag full of them already. Nice thing about GB is it's not subject to anything & FAR's got the cash in the bank to drill.

ME's slow & steady plan seems to be unfolding nicely. Once Senegal is locked in FAR has a solid contingency plan for 2011 with GB, Kora & Senegal. Cash in the bank ensures were ready to go & failure at the first or second well will still see us having a shot at a third. As we've seen what's happened to a couple of other companies recently where that first well has failed & SH have been left stranded, ME has IMO given FAR several back ups all with multi mill boe targets. I've noticed a few of the posters that were pushing for one Senegal well with a group of small partners have gone quiet. Again IMO ME has limited SH's exposure to risk as best as possible in this risky business. Huge gains if Lady Luck smiles on FAR & one or two of those wells perform.

Anyway sitting back & enjoying the renewed activity in FAR.

Cheers mate

PDYOR