CNE, page-26

Nice post Whisky.

I was wondering when someone would mention the 2 new finds that adds too the previous contingent.

FAR has mapped two additional shelf edge prospects (Sirius and Soleil), analogous to SNE, ( LOOK A LIKES IN OTHER WORDS.. ) which are now included in the prospect inventory. These prospects add an additional 305 mmbbls* (gross unrisked best estimate prospective resource) to the portfolio."

the Operator’s contingent resource estimates were P90 150mmbbls*, P50 330mmbbls* and P10 670 mmbbls*

FAR estimates that on a gross, unrisked, best estimate basis, there is an additional prospective resource* of 765 mmbbls of oil on the shelf over and above the contingent resources in the SNE prospect

In this focus area of the shelf, FAR now maps a total gross, unrisked best estimate of prospective resources of 1,500 mmbbls* with 225 mmbbls* net to FAR. Together with a gross, best estimate, contingent resource of 330 mmbbls* in the SNE discovery, with 49.5 mmbbls* net to FAR. This significant prospective and contingent resource inventory will be appraised and tested with the evaluation drilling program in late 2015 through to early 2016.
Figure 5: FAR update prospect over 3D seismic area


30/04/2015 Quarterly Activities Report

Cheers