FAR 0.00% 50.5¢ far limited

Ann: 2017 Senegal drilling program, page-27

  1. 16,266 Posts.
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    OOO

    Agree with your comments re WPL. Wondering however where you get the expectation of recoverable oil to 1 billion barrels?

    Interesting couple of comments on the last few slide of the latest presentation also:

    • FAR looks forward to building on its position in the MSGBC basin going forward
    • The prize is yet to be fully realized...
    and:

    The elephant is yet to reveal is whole self!

    So one could analyse the hidden meaning here as ... FAR will be acquiring more equity in the MSGBC basin .... so that means either by higher equity in the current JV (i.e pre-emption) or acquisitions elsewhere (maybe some of African Petroeum's territory to the south offshore Senegal??).

    H
 
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