In regard to Senegal what needs to be factored in is the timing
Ie: time is running out
We need to drill a well by feb 14
This basically means Senegal could be a depreciating asset if an extension cannot be negotiated.
This may impact the quality of farm out we can get, ie they know time is short far could get squeezed by a major, hopefully if there is a lot of interest/competition this could offset the time issue
Either way its good to talk about Senegal again, I was starting to discount it towards zero
hartleys, page-8
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