FAR 2.91% 50.0¢ far limited

Ann: Gas discovered at Bellatrix, Fourth appraisal well confirmed-FAR.AX, page-29

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  1. 1,661 Posts.
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    Don't discount the possibility of oil down-dip. The area is' extensive' so could still be a good earner as it would be cheap to produce in conjunction with SNE. Even 8 metres of good reservoir , with another net 30 metres below, would improve the economics of SNE considerably. SNE itself has a gas cap and can be useful in re-injection as Whiskey states. Our newer leases are also,now, very much in play.
 
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