It would be bloody great to get some more prime acreage on good terms. We all know how well the rapport of the JV is with Senegal government and the success the discoveries has had for bringing Senegal to the fore in west Africa, so I'm sure they could get great terms. Once they are not over extending themselves. With all this new acreage do you think management may now consider selling off certain assets if the 3d shows up some elephants and with so much more distressed options available in the short term to pick up?
One thing on the African petroleum thing, never a clearer example of when purchasing a stock you are purchasing the ability of management as much as the assets in a company. Perfect example here of that.
FAR Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
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