I understand the title of this thread when taken on face value would appear rather redundant and obvious, but allow me to elaborate.
Consider a world where the nation of Gambia doesn't exist it's land Part of Senegal...... it's onshore and offshore licenses mapped out and sold to the bravest bidders.
Enter FAR, an agile and brave player in this new frontier, it purchases the lease that contains what is now know as the SNE prospect. And here is where I return to my original premise, without Gambia this acreage containing SNE MAY have also included what we now know to be the SAMA prospect and given what we also know regarding the 400 sands there connectivity and yes 500 sands the SAMA prospect could have warranted appraisal wells along with the rest of the SNE field.
FAR would appear to have made the decision to include the Sirius prospect in its RESERVES announcement (coming soon), why not SAMA. Could it be because it's a different government, one would suspect it's labeled as exploration for this reason only.
Point being whilst labeled exploration one could now in the light of recent developments make a strong argument for them being appraisal if not for an imaginary line that gravity, time and geology couldn't give a flying $&$K about.
As always good luck to all FAR longs.
Not FAR away now.
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