waiting for senegal extension, page-35

As per company announcements the CSEM survey over the Senegal leases was inconclusive due to carbonate interference.There is nothing for Rocksource or Ophir to analyze.All parties have to rely on the 3D data.That is what FAR are basing there targets on so yes,it will take a drill to find out what is down there.By entering the next phase of the lease they are committing to drilling that well.They have requested a three year window to drill rather than the stipulated two.They are waiting on the approval to this request.FAR have raised sufficient capital so that if they have to drill the well on their own, they can.Sounds like a plan to me.