Ann: Quarterly Activities and Cashflow Reports, page-38

OOO I believe the payments to Erin have either occurred or are part of the big spend in the current quarter. $22m is a big spend for Far in a quarter. I am not aware of anything to suggest payment to Erin wont have occurred before EOY, Erin would want their money asap no doubt. Don't forget I was reasonably conservative with my figures so they could easily be rerun to show $15m left.

I also doubt Far will let the cash balance run down that much as well but we are well funded into the foreseeable future. PE should be resolved by this time next year. Hopefully POO keeps trending up as that will eventually see more inflows into Oil and Gas which at some point will filter down to FAR. A supply shock to the POO (Iran, Iraq etc etc) will refocus the attention on the Oil sector.

Foreseeable Catalysts in the next 12-14 months as I see them (in potential order):
RISC report
A2 Farm out
JV reserves, development plans and any other JV updates
A2 Drill
RSSD JV Drills (at least one exploration drill in the best identified prospects)
Uptick in Oil M&A
PE result