One thing I did notice is she mention FAR's 2C resources as 110 Mmbbls not 115Mmbbls which is 13.7% of SNE and FAN combined...that may have been a slip of the tongue or she may be aligning our 2C resources up with the upcoming JV numbers which she has suggested previously would be lower than FAR,s.
If that was the case and we take FAN out of the equation it would imply a JV number of around 605 Mmbbls 2C for SNE alone...not that it matters, booked reserves and expected production rates are of much more relevance going forward, not to mention SAMO...
Cheers Whisky
full video: Cath N. FAR Presentation - RIU Good Oil Conf Perth, page-88
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49.0¢ |
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| FAR (ASX) Chart |