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Ann: Investor Presentation, page-43

  1. 13,375 Posts.
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    Lol Kfann well spotted, it appears the Elephant has changed directions however as long as each hump is stuffed with oil all will be forgiven...I don't know how to read a seismic chart beyond knowing oil gets trapped in high points but it looks like a cross section of the Himalayas down there and if you look beyond the Elephants trunk there appears to be another large hump or two to the north...they are beyond the 25Km radius of a FSPO and they may be some of the many leads they have for the future.

    You would have to think the first exploration well would go into Sirius as its not only the biggest but also has the highest chance of success % wise and being in the Albian sands would likely have similar API oil as SNE.

    It's worth noting it appears that these two new prospects are from FAR's own mapping work and it may be they are charged with doing that work on behalf of the JV, for upper shelf at least. They originaly enticed the JV partners into the project by what they were seeing so are probably considered as good as any be interesting to see if CNE mention them in their update.

    Its going to be a very exciting and nerve racking appraisal program coming up later in the year....

    Cheers Whisky
 
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