FAR 3.09% 47.0¢ far limited

FAR SH's,If any of the below happen on time FAR would see a SP...

  1. 1,217 Posts.
    FAR SH's,


    If any of the below happen on time FAR would see a SP increase.

    Very few trading days left this year, so GL and hope for the best !

    From the previous Qtrly Activity Report


    Option Agrement with Ophir Energy plc extended to 31 December 2011.

    (Will Ophir accept, decline, or further extend a decision to JV as operator with FAR in the Senegal lease)

    Question: What has to come first, the decree or the Ophir agreement?

    Formal Decree concerning entry to the Second Renewal Period which includes an exploration well; while farm out marketing continues.

    Processing and interpretation of 3D seismic progressing; completion expected by end of 2011

    $6M due from sales of Beibu Gulf interest.

    BB
 
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