FAR 1.02% 48.5¢ far limited

Ann: SNE North-1 exploration well discovers hydrocarbons, page-61

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  1. 904 Posts.
    DB,
    The transaction had a value attached,
    Far has no right to see confidential documents between Cop & WPL.
    Only the government has a right to see these confidential documents, and must keep them confidential for 3 years.
    Far,should have just said yes to the prescribed & published price,and if anything other,legally backed away from the deal.
    As for the 2018 drill program,
    1 well is ridiculous, you don't mobilise a drillship for 1 well.
    Expect at least 5 or more, plus Gambia.
    Cop and Cairn will drill Fars bank acc into oblivion, while delaying FID.
    All part of their plan I reckon.
    And at WPLs discretion, a hostile take over of Far.

    Kimbo
 
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