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4.81% 49.5¢ far limited

A2(Sama) exploration or Appraisal, page-9

  1. Oddoneout
    2,993 Posts.
    lightbulb Created with Sketch. 2713
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    05/06/17
    08:50
    Post #: 25093863
    Good post Chandler

    FAR is very positive about A2 in particular but The Gambia more generally. If I understood it correctly, they believe The Gambia River is the depositional source of the oil that has migrated northwards into our Senegalese blocks. Thus, A2 gets us closer to those famed "prolific source rocks". I reckon FAR/CNOOC will bid for more acreage in Gambia.

    OOO
    FAR Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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