Agree
Far will do nothing.....just cash raise to stay in the game is all Far can handle.....
Nobody has teased out the reasons that the majors are no longer keen on deep sea drilling.......the costs are much cheaper than before......yet one after the other have or are stated to retreat away from deep sea drilling.
This means that farming out to a major is so much harder..
The POO has to be part of the reason and the outlook for any increases in the future...
Dyor
FAR's another response, page-53
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