Of course selling is expected...imo.
FARs estimate was 294m barrels, at 60% COS...
The result ... non commercial 'technical success'... the same as FFS-1 (as I reported 2 days ago)
You can spin this however you want,,,, many on the forum have suggested Sirius and Spica are part of the SNE structure... have read this many times ...oh dear.
At least some realism can now prevail and the market can focus on the US$500m+ development costs for FARs share.... forget the CNE upgrade, it is meaningless (viz SP) now...imo.
Next years program will be a minimum of 4 wells..imo, too costly to Mobe/deMobe for less...imo
DYOR
Ann: SNE North-1 exploration well discovers hydrocarbons, page-60
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Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.5¢ | $97.33K | 190.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26752 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 109917 | 4 |
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