Good post Andy16,
So Hardman owned 33% of "...Tiof oil discovery off the coast of Mauritania could be 300 million to 400 million barrels of oil..." which at the time in 2003, Hardman was being valued by the market at $421 million at the time of the article
Far own 15% of the prospect field where Fan-1 Sne-1 are... so although 10 years ago close sizes are good enough for comparison sakes... Hardman went on to sell at $2b at takeover don't remember what reserves they had defined at the time of sale but I knew they were fairly advanced much more so that Fan1 is right now. You also need to factor that a $ is worth in real terms in 2003 vs now.
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Good post Andy16, So Hardman owned 33% of "...Tiof oil discovery...
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