Nice post Whisky.
I was wondering when someone would mention the 2 new finds that adds too the previous contingent.
FAR has mapped two additional shelf edge prospects (Sirius and Soleil), analogous to SNE, ( LOOK A LIKES IN OTHER WORDS..) which are now included in the prospect inventory. These prospects add an additional 305 mmbbls* (gross unrisked best estimate prospective resource) to the portfolio."
the Operator’s contingent resource estimates were P90 150mmbbls*, P50 330mmbbls* and P10 670 mmbbls*
FAR estimates that on a gross, unrisked, best estimate basis, there is an additional prospective resource* of 765 mmbbls of oil on the shelf over and above the contingent resources in the SNE prospect
In this focus area of the shelf, FAR now maps a total gross, unrisked best estimate of prospective resources of 1,500 mmbbls* with 225 mmbbls* net to FAR. Together with a gross, best estimate, contingent resource of 330 mmbbls* in the SNE discovery, with 49.5 mmbbls* net to FAR. This significant prospective and contingent resource inventory will be appraised and tested with the evaluation drilling program in late 2015 through to early 2016.
Figure 5: FAR update prospect over 3D seismic area
30/04/2015 Quarterly Activities Report
Cheers
- Forums
- ASX - By Stock
- FAR
- CNE
CNE, page-26
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 50.0¢ | $12.37K | 24.61K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19418 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 129688 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19418 | 0.500 |
1 | 47555 | 0.495 |
2 | 29755 | 0.485 |
4 | 89930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 129688 | 3 |
0.520 | 109910 | 3 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
0.535 | 115000 | 3 |
Last trade - 15.44pm 31/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online