FAR 3.13% 46.5¢ far limited

Ann: Potential for 1.1 billion barrels of oil offshore The Gambia, page-45

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  1. 774 Posts.
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    It's great that the RISC review confirms FAR opinion, but I thought we already knew that A2 and A5 had that much oil. I believe and its only my uneducated guess that FAR provide RISC with all the data plus their assumptions and RISC say yes we agree or no we think you need to rework your number. Due to the number of wells we have sunk (with our cash) into SNE you would expect that FAR's assumptions are petty good based on the location of SNE to Samo, and why did they change the name from Sama to Samo- the Aussie tilt? Until we sink a well in our mate Samo we really are no better off than last week.

    CN please tell me who our farm in partner is, as by the size of that company and the free carry we get will be the first real indication how good Samo is. Until we get that type of news and the drill bit does the talking its all smoke and mirrors about Samo.

    Zip OFL
 
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