Contingent wells, page-53

If the JV is going to decide over the next couple of weeks re a fourth well, then there will be a short break in drilling. It is a simply a matter of logistics. You can't finish a well and go to the next without some advanced planning re drilling equipment, mud chemicals and the like.

Re the commentary on management, I just feel as though we are not being kept informed as well as could be. I don't like the tight hole policy because it is not in the shareholders interests. The last couple of well result announcements were preceded by a run up in share price in the 10 days or so beforehand and I wonder if our tight holes are not quite so tight.

Having said all that, agree that FAR has one of the better management teams in the small cap space - they did well to get the farmouts which led to the first 2 discovery wells.