Yes well done FAR holders.
One hole and you have a quantified resource estimate for 29m net oil pay.
Wasnt Sunbird #1 about same net pay column over proba same acreage?
Yet no quantified resource cited.
Does anyone know WHY?
FAR sits at 400 mill M/C now whilst PCL languishes at 50.
Is it the Kenyan politics keeping us back?
Is that why Tullow walked out of L8 when it was announced as an unquantified gas find but no mention of the oil target?
Has Kenya put in place a policy re new OIL finds yet ......it has for gas.
Too many unanswered Qs about Mbawa and Sunbird for mine ... lets hope we are all pleasdantly surprised in due course.
Good to see both west and east Afro frontiers opening up.
PCL buy rating from Hartley’s, page-2
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