FAR 2.97% 52.0¢ far limited

time to buy non gulf oil shares , page-4

  1. 4,795 Posts.
    lightbulb Created with Sketch. 4709
    Chef,

    FAR would need to get into production before any off this has any effect on them , the only way we could be effected by it all at the moment is through a takeover due to interest in the blocks we have involvement in like you said.

    we only have one well (Guinea Bassau) planned this year and thats in November / December. Two are planned first half of next year in L6 Kenya, notting in L9 within the first half anyway. one in AGC Profond, sangomar off senegal and theres also one in jamaica in the first half of 2013.

    They are spending 4million on seismic analysis second quarter of this year on L6 Kenya. They need to start drilling , but they need seismic first.

    If only we were in 2013 now we would have 6 wells being drilled within the first 6 months
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.