Hi 34 it's the huge oil source rock that got me thinking they are including FAN, as its down there where that source rock lies and some has migrated up to SNE , hopefully SAMO as well.
An appraisal well in FAN could increase that oil in place considerably. However it's the oil they can produce, not what's in place that matters and there is plenty of that..
Liked your assessment of SAMO with regards to it potentially being a relatively cheap field to develop with thicker sands over a smaller footprint requiring less, but more productive wells...
Cheers Whisky
FAR Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
(20min delay)