FAR 0.00% 49.5¢ far limited

CE has mobilised to second well location. SNE-1 also "tight...

  1. 189 Posts.
    CE has mobilised to second well location.
    SNE-1 also "tight hole"
    Wording of outcome is different - ".... will not be completed as a commercial production well". (no mention of plugged and abandoned)
    FAR's contribution beyond capped costs reported as $35mill (both wells). Again, this is not clear - does it include the cash funding received from farminees when acquiring their interests? There was a lot of discussion on this last time re FAN-1 overruns.
    Repeated reference to "new ventures" - would be interested to hear more about these (probably more going on than we expect or can guess at)
 
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