african petroleum 3d seismic , page-5

Harry just read your posts - thanks for the info. Not sure if this will help but from memory the deep (or part of) block west of FAR's blocks is most likely the remaining section of the Sangomar deep acreage HUNT OIL & FAR lost when FAR took over operatorship - therefore if that is the case then APCL could be applying for blocks with the same names as part of Rufisque block was also lost at the time when the lease extension was granted in FAR's name.

FAR lost 50% of their license area at the time. I didn't see this as a problem as FAR went from a 30% stake to 90% so it was a nice net gain & best of all it cost bugger all. I recall ME saying at the time FAR he was not concerned as FAR retained the best of it. Time will tell.

What I do like though is the increased action around FAR's blocks where IMO any future discoveries will increase the value of FAR dramatically. I also like seeing Ophirs Q1 2011 showcased giving FAR widespread exposure which can only give ME better leverage in negotiating a better Senegal JV deal.

Cheers

PDYOR as this is from memory only & happy to be corrected.