A link to a news article in The Telegraph in London. The following statement suggests (IMO) that once Senegal proven (IF) that Cairn would sell. Would it be prudent to suggest that there may be buyers down the track if proven for both Cairn and FAR for total of 50% of Senegal which may bring in other big players other than COP. Of course a lot of things have to go right first. Any thoughts and DYOR.
Statement from artcle:
Cairn focuses on oil and gas exploration in frontier regions and has eschewed a big role in the running of wells once the oil is flowing.
The business model for Cairn is that once oil discoveries are made and developed, they are sold off and the cash returned to shareholders
copyright link/finance/markets/questor/11147153/Questor-share-tip-Cairn-strikes-oil-off-Senegal.html
In The News, page-11
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $16.90K | 34.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17623 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 129688 | 3 |
View Market Depth
| Last trade - 15.43pm 17/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |