that's a silly take @dangar, as an ex FAR holder, i did the same...

that's a silly take @dangar, as an ex FAR holder, i did the same as @Mr.Hustler

PCL right now is a FAR better proposition (no pun intended), and hence it's EV is slightly higher.

PCL hold highly prospective ground next to 2 of the biggest oil discoveries of the year, both billion plus barrel hits supposedly. Saturn itself is 2BBOE prospective, and it's COS will be looking better now. They'll be good odds to get a farm out for up to 50% of the lease for 3d seismic, and a couple of drills in the hottest oil region in the world right now (besides guyana ofcourse).

Meanwhile FAR has a nearology play too.. but it's a done and dusted nearology play. 2/2 misses with no hydrocarbons only past indication.

Hey it might hit, Namibia had miss after miss a few years ago, and then had 2 massive elephant field hits in a month. But the doubts are big, Petronas are unlikely to want to stump up cash for a 3rd wildcat, whereas in Namibia, there's a flurry of M&A activity, and no doubt supermajors not in the basin will be looking.

Also Sangomar is what 1/6 to 1/4 the size of what each of the Namibian discoveries next door to PCL look like? Both very different sized domains. Namibia for now, is back to being the land of the elephants. (Renaissance hit onshore 2 years ago in Namibia too ofcourse).

Edit: Status should be Not Held, and sentiment, None.