FAR 2.91% 50.0¢ far limited

far/roc/hzn/psa - china (beibu)

  1. 330 Posts.
    I've just been going over past announcements as we (FAR holders) look forward to the Lake Long buildup and see that the analysis of Beibu 12-8-3 drilling data (specifically the viscosity) is due out any time. Back in mid-May ROC reckoned that it would take 2-3 months to determine whether Beibu would be commercial which takes us to mid-August. With the heat already taken out of participating companies SPs (with the other two Beibu wells coming up dry) this could prove a nice little SP driver should the Joint Venture proceed.

    YO
 
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