So Tullow just sold off their interests in G abon. That's 10,000bopd and 36mmbl of proven and probable reserves.
FDR are confident of getting 25,000-40,000bopd and currently have 45mmbl of contingent resources. We have plenty of upside to increase this and move it into 2P with the seismic interpretation and some steady production.
Tullow got US$300m for their assets. We are at AUD$11m cap.
Ann: Kuda Tasi & Jahal Development Concepts & Costings, page-9
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