Gady Harry.
It states the drill failed to find enough oil to exploit when drilling on Kora 1 and has plugged the well. A decision on whether to press ahead with exploring the block will be taken later this year after analyzing the results.
It also goes into Noble Energy acquired a 30% stake on the block, alongside Ophirs 44.2% and that it was Nobles first venture in West Africa, and the company acquired an option to become technical operator on the block if Kora 1 had struck enough oil.
Thats abount it with out getting done for copy right.
Guess thats a positive , as oil signs were found. Ophir will be wanting Noble to take it up , as it lessons the rish factor and would help our cause with Senegal. Time tables are out though with Ophir option approaching.
Its all about having enough plays spread across the board , thus de risking your company and such waters.
- Forums
- ASX - By Stock
- FAR
- artilce
artilce, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.0¢ |
Change
0.025(5.38%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
47.0¢ | 49.0¢ | 47.0¢ | $7.096K | 14.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50146 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 17921 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42046 | 0.485 |
1 | 5000 | 0.480 |
1 | 10000 | 0.475 |
2 | 24999 | 0.470 |
1 | 50000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 3728 | 1 |
0.500 | 10000 | 1 |
0.505 | 25000 | 1 |
0.510 | 100895 | 2 |
0.520 | 226786 | 4 |
Last trade - 15.58pm 02/10/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |