FAR 0.00% 50.5¢ far limited

Cairn sells 40% share to Lukoil, page-131

  1. 16,604 Posts.
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    My guess is over 3 billion in Sangomar if they Pe might not be all that attractive given they are in JVs elsewhere with their share of 53 billion in spending in front of them.
    Fact is if Petrosen back in and FAR default Wpl does not have the operator sewn up.
    Going to be interesting to see what Wpl do.
    FAR, If they have a buyer, would be smart to wait for CNE sale to happen Imo.
    If WPl pre empt they are less likely to Pe FARs share. Might also be Lukoil want FARs bit but would like to be in the Jv first.
    30 days to find out.
    Lots of scenarios and possibilities.
 
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