FAR 1.02% 49.5¢ far limited

Ann: Samo-1 well location finalised, page-19

  1. 1,892 Posts.
    lightbulb Created with Sketch. 809
    Yep, Whisky, understood.

    One of the options Cath alluded to at Sydney preso was that if FAR somehow settled ERIN's tax bill then we could get the 20% in lieu of this? This would be different to default clauses under JV?

    Anyway, extra % would be an unexpected boost - but presumably also adds additional risks and potential costs in event of any drilling problems/delays as per original Senegal drills.

    Cheers
 
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