hardmano
It`s correct that African Petroleum are looking at farming out at the moment, but they are not even close to being desperate (at this stage), having recently extended all the licenses (2014).
I`m sure Cath would love to farm in to one or more of the four blocks in Senegal / The Gambia, but I would believe there are quite a few others standing in line as well, so it would not be cheap
We will probably know a lot more in the next month, African Petroleum has told the market that we can expect farm out announcements by H1 this year.
Capital Raising, page-33
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