We agree to differ but I don't expect another well to be drilled into FAN for at least 10 years.
Very deep water and minimal reservoir development.
Bottomline the value to FAR owning FAN is currently near zero.
Its all about the shelf edge, even CNE plan to drill that higher fan to the West of SNE is just a side show and shouldn't be drilled.
They need to delineate SNE ASAP.
Deepwater back in vogue, page-7
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