I will assist in unscrambling your brain.
It's very unlikely that the new lease will provide a standalone discovery if at all.
So, if any oil does exist it will likely be just sufficient enough to tie to a production facility in another block. SNE??.......So 3D may work against FAR and any future farmout would likely be to the COP/CNE JV with very little offered in the way of free carry.
I can sound certain about 'likely' because the chance of finding commercial oil anywhere is very slim.....yeah, der!
Someone tried to make the market like the news but another fail. No interest.
I will assist in unscrambling your brain. It's very unlikely...
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
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| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |