Value, page-5

My memory did mislead me on the back of that envelope. However the below extract corrects us both:

'JUNIOR oiler FAR says an independent resource review from RISC has sharply upgraded the size of its SNE oil discovery offshore Senegal to 468 million barrels of oil.

While FAR’s shares were unchanged at $0.073 this morning, the company said RISC had upgraded its view on the field by 42% from previous in-house figure of 330MMbbl.

It gives the junior a net 70MMbbl of oil in the ground based on its current 15% interest.

SNE’s contingent resources are calculated at 240MMbbl (1C) and could be as high as 940MMbbl (3C), with those figures to be revised once the SNE-2 and SNE-3 appraisal well data is collected.'

So still well north of where we are now IMO. With large upside potential from the current / recent well.