FAR would look foolish in the extreme if the Farmin was not approved by drilldate. However they are cutting it fine would you not agree? What is the hold up? Senegal ? AGC Joint Authority? Or another 'unreported' condition to the agreement?
Kora-1 will be drilled for sure , but when will FARs participation become 'unconditional'??
An example of a classic minnow cock-up was PPP farming in late to a Vietnam drill for 15% , only to have it hit oil , a nice hit , and the PetroVietnam pre-empting them on a back-in clause leaving PPP with only 5% !!
It happens ..
Clarity is what the market wants here , not a 2 year 'cone of silence' imo
DYOR
the time is approaching, page-30
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