Just a quick follow up, whilst I don't currently hold FAR (have in the past, but made good profits on the huge rises last year-one win among many losses) and from my very humble view point, this presentation does perhaps visually explain what WN has been theorizing about.
Cairn Oct 2015 Preso
Slides 15 & 16 are the most important.
Suffice to say, the maps use 20m contour lines which I think make them rather out of date, if... as the results are accurate, that to date they keep hitting 100m of pay. Just remember that they were aiming for 20-40m for the wells so far drilled.
I am not a GEO...! However, I do know how to read maps.
All of the above is in my humble bloody opinion, and anyone buying shares on the above info are crazy/loco. Also, that's all I am going to post about this, ask Ya and others (oh, and WN has actually been locked out for 2 weeks, not 1, some very sensitive posters over on the SEH threads I guess).
Just wish the oilers I did hold were looking so good. ho hum.
Why did CNE stop drilling, page-59
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