FAR?s core programme is in Senegal where it operates three deepwater blocks and has committed to drill one well subject to Presidential Decree.
GB. The Licences include the Sinapa oil discovery in 30 meters of water depth estimated to have a P50 STOOIP of 240 million barrels and several large untested prospects data review 'due soon' for possible 2 well program.
AGC The announcements include a reference by the Operator, Ophir, advising that the semi-submersible rig ?Maersk Deliverer? is due to arrive on location towards the end of June. A further release will be made at the time of spudding the Kora well.
23RD JUNE now NOBLE infer there will be another ' cone of silence ' over the AGC project.
still holding on to the quiet achiever
WG
FAR Price at posting:
10.5¢ Sentiment: None Disclosure: Held
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