FAR just need to concentrate on drilling samo and sorting out funding independantly. There are main JV's in the O&G exploration and production phase that do not see eye to eye. Follow the PSC and JOA and the agreed cash call and these will be known in advance so no surprises.
As mentioned in an early post, and by others in the thread, does anyone seriously think funding is an issue for FAR when samo hits oil - yes could be a dry but unlikley and happy to wait and see. In the meantime it looks like we will have a few down days which is an opportunity to top up.
So why do WPL need to make such a preprepared statement re PE ! one assuems if they are so confident they need to focus on the job in hand and work out the way forwatd with the JV parners as per PSC and JOA. If they have other issues they need to chat to COP .
AFR Articles, page-56
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