FAR 0.00% 50.5¢ far limited

CN at MMC, page-27

  1. 16,309 Posts.
    lightbulb Created with Sketch. 3844
    I'm thinking 2 C Hot. At 900k per day that's 300k per day less than Jordy worked on so I think FAR will have a very decent buffer at the end of the 3 wells.
    Its clear to me that CNE are on the go slow programme which will not suit FAR IMO.
    The numbers between the 2 companies are so far out of whack that its hard to believe really.
    CNE being conservative is a crock of you know what IMO, its clear to me they have another agenda and IMO its all to do with the costs they have getting their production underway. I think they are being cagey because they know the India thing could make it more difficult for them to find funding as the crowds that lend money for these type of projects don't like uncertainty and they like us will need funding... much better to be a producer when looking for $ me thinks.
    Any how 80k acres average of 30m doesn't sound like 385 2c to me. DB
    Last edited by Davy Boy: 15/03/16
 
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