FAR 0.97% 52.0¢ far limited

CNOOC to take SOSP - FAR AMI?, page-130

  1. 14,180 Posts.
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    A few questions:

    Why say "only 5c" up instead of "only 71%" up? Its not a bad gain and the trend is up - where will it stop?

    It is still July - previous guidance was hole final location announced in July. Not late yet.

    Petrosen farm-in. Do you know the difference between the government owned entity in Senegal and the Malaysian giant?

    Erin - outside FAR's control. What do you think they should have done differently?

    DJ along with ROP and SOSP are sat on by small players with little progress, something has to give at some point and things may happen from there. These are future opportunities.

    PE - no downside.

    Timelines are made to slip - hopefully management learn from their misplaced optimism to be more conservative in future guidance.

    Lets see what is in the qtrly before we judge it.

    For anyone doubting where Gambia stand on FAR in A2 and A5 and drilling SAMO this year ....

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