Just thinking about it this evening. SHELL walk in west Africa but focus on..... exploration on the block immediately north of ADX. This is because of sovereign risk and access to pipelines and markets in Italy and a premium gas price in Europe. Obviously they had to make a choice between the two to stay within a budget. It doesn't mean that FAR's project doesn't have good potential. It just means that SHELL had too many projects on their plate. Good luck Farties!
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