FAR 5.15% 46.0¢ far limited

Ann: Significant oil discovery offshore Senegal, page-12

  1. 1,656 Posts.
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    The most significant point is that it upgrades the whole area and there are much bigger targets available to drill. Sold half mine ,but still very satisfied with the result. Far will almost certainly realise its dream of being another Hardman. I also held Hardman , but sold too early. Hang in there , if possible, remember HDR was taken over by Tullow fo about $2.05 and now that oil is established IMO it could be bigger than Mauritania turned out to be . The spread over 500m is more significant for other structures than the net 29m here. I'm fairly confident the earlier thin sands will be thicker further out to sea.
 
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