FAR 0.00% 52.0¢ far limited

anadarko finds crude oil in sierra leone, page-12

  1. 1,657 Posts.
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    Found the last couple of paras very pertinent. 50% success rate for wells drilled so far. With positive CSEM at Kora the pobability could be well in excess of 50%.The sands have to be friendly though. We need a good flow rate.This is the big uncertainty!The Anadarko find fills another gap and IMO it is unlikely that the coast near Senegal and Guinnea -Bissau will be oil free.FAR was also one of the earliest to see the potential and has a head start on many of the majors.2011 could be a great year for FAR IMO.
 
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