FAR 0.00% 50.0¢ far limited

Fellow Shareholders update, page-13

  1. 168 Posts.
    I don't get the questions on this thread.

    - FAR has mention that there are a total of 6 wells altogether (3 definite + 3 contingent wells)

    - FAR has stated that there will be 3 wells which are definite (SNE2, SNE3 and BEL).

    - Then there are the possibility of 3 contingent wells. The first of these contingent wells, SNE4 is now being drilled, with 2
    more remaining if the JV so decide.

    - FAR also mentioned (I think it was the post of Phil123 who listed in the broker call on the morning of the CR) that they had saved about half a well, as per budget. So the original budget covers half of SNE4.

    - In this announcement FAR mention that they are funded for all 3 contingent wells (SNE4 + the possible 2 others which the JV has
    not decided yet)
 
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