FAR 0.00% 50.5¢ far limited

Ann: SNE oil field contigent resources upgraded, page-10

  1. 16,270 Posts.
    lightbulb Created with Sketch. 399
    SNE is becoming a monster ... stretches all the way from Soliel to Sirus and either underlies or overlies both to some extent. 940 mbbls won't be the final size .... its area is now well over 200 sq km = 16 times Chinguetti. Even reducing that somewhat for thinner sands etc its very likely to be well over 1 billion barrels recoverable if the P10 is achieved after the "very pleasing" appraisals! are factored in!

    Excellent news. Now perhaps for a cornerstone investor once the share price moves up a bit why else the IP?)!

    H
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.