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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Fellow Shareholders update, page-13
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