FAR 3.03% 51.0¢ far limited

Ann: Potential for 1.1 billion barrels of oil offshore The Gambia, page-90

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    Thanks for your comments JS. Good to hear some informed comment on the prospects from a "strategic" perspective. I have not been meaning to demean the company in any way and I know that they go to much greater effort than I to assess risks on any prospect. Since this whole region is new, we cannot yet meaningfully quote failure to success ratios for drilling results but we cannot assume 100%. Also, the containment of the reservoirs is still unknown although FAR are proceeding on the basis of geology corresponding to SNE (if I have understood matters correctly).
 
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