BTW, around Djiffere, I have never explained the full detail of why I am very excited about it;
You will note in the TA farm out docs that;
"The largest prospect to date is the Antelope structure, a three way rollover against a fault, with potential resources of 168 mmbo (P50 recoverable)"
- From the FAR ann docs, we have 1 lead that has been mapped at 100MMBLS.
- TA state that the largest is 168, so obviously would be smaller prospects given the description. FAR then add that one of the mapped leads is 100MMBLS.
Conservatively just taking into account the largest prospect, ignoring other prospects or leads we have a 168MMBLS lead @P50.
Net to FAR at 75% of this, we have 126MMBLS!!!
In shallow water, accessible via jackup rigs. Along a trend which could have significant upside.
Remember FAR to date have only announced 84MMBLS net to them in both the FAN and SNE;
View attachment 137875
If SNE has NPV of $10p/b in deep water at the above sizing, I would be very excited to see what FAR's 126MMBLS could be valued at in DFF
(20min delay)