FAR 0.00% 49.5¢ far limited

Ann: Bambo-1 well update, page-98

  1. 499 Posts.
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    I especially like the comment regarding wireline logging to confirm the finding.

    The wireline logging and analysis being done now.

    I think a rerating will be between $10-$20 based on results. (conservative)
    Possible $20-$40 if there is a tieback to the Woodside Sangomar development.
    This is largely due to the miniscule market cap of FAR.
    FAR is drilling an elephant oil field right next to Sangomar.

    Wishing you all lots of oil and a Merry Christmas! lol











 
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