FAR 2.91% 50.0¢ far limited

Dear All I am a first time poster (on any forum), long term...

  1. 2 Posts.
    Dear All

    I am a first time poster (on any forum), long term holder (pre Kora pre Cath) and am now even more excited about FAR's future.

    I thought Slide 21 from the Cairns Presentation should answer a lot of questions on the potential of SNE/Senegal and supports Cath comments to OOO re SNE size. (Sorry do not know how to post the slide).

    Text extracts re "Exploration Potential" re Senegal:
    * Multiple prospects in multiple plays matured on 2007 3D seismic reprocessed to PSDM in 2015
    * High quality reservoirs like SNE
    * New 3D seismic
    * Impact of SNE appraisal wells
    * Sirius and Soleil prospects offer potential extensions to SNE field
    * Recent SNE appraisal wells have extended field to north and south, now covering >350km2
    * Buried Hill play being tested by BEL-1 with several follow up prospects in event of success
    * Shelf prospects are shallow - approximately 30 day wells
    * Tie back potential to SNE field development
    * High ranking prospects will be drilled within 3 year timeframe
    * FAN-1 : Basin Exploration Potential

    Looks like the Cairns see the same potential as the Watery "One". Looks like Cath sought out OOO last night to reinforce what is in this slide.

    Thank you to all contributors over the years and especially those that put in the hard yards in the research and those with unbelievable knowledge.

    Looking forward to all announcements, especially in Q3 2016.

    Rockpile
 
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