daytrades july 28 afternoon, page-101

FAR


FAR presently has the largest acreage holding of any ASX listed entity in West Africa and has first mover advantage
According to US Geological Survey estimates, the geology that stretches from Mauritania to northern Namibia may hold 71.7 billion barrels of undiscovered oil.

FAR?s advanced exploration interests in Guinea-Bissau, a nation which lies immediately south of Senegal, presently extend to three promising offshore blocks wherein two wells are likely to be drilled in 2012.

Company involved in the Kora Prospect, the first deepwater well ever drilled north of Sierra Leone and South of Mauritania. Located in the AGC Profond Block, the Kora well is targeting a prospect with mean prospective oil resources of 448 million barrels


FAR is not a one horse race