Fellow shareholders in the Beibu Gulf project...
I am interested in your take on todays appraisal well announcement ... it appeared to me that it was a good overal positive announcement (it could have been negative) and that it bodes well that we will proceed to full production ... the only negativity that I could take from it was that we have not yet had any updated resource estimates .. meaning that we are still looking at 27 mbb .. and that the next announcement will either confirm or modify this estimate ...
Based on this I have witten to Michael Evans (MD FAR) for confirmation this is the case and will report back ..
Does anyone see this differently ... as the three SPs all went backwards (a bit) .. so guess this news was already factored into all SPs ?
Blackspot
far-roc-hzn interpretation
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