Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

5.38%

49.0¢ far limited

Petronas? I think you mean Petrosen.

First 41 Last

Share
Profile

Follow
Mr.Hustler

5,746 Posts.

1129

26/02/16

19:55

Post #: 17129870
Share

Originally posted by pj ↑

Re: "This was the whole purpose of my original post, the JV does not have to Officially declare SNE commercial until they complete their study of the area which could 5-6 SNE wells, 2-3 BH wells, 4-5 SNE look a likes wells and FAN wells (who knows how many there). CNE may argue that until they have all this information they can not decide on project design which then impacts on the DOC. All this drilling may take years so 2019 is not out of the question. Does any of this delay first oil... no not at all"

Hi Zip

Another "sideline" question that arises out of that is the timing of Petronas election (or not) to increase their interest to 18% overall. This was discussed way, way back on HC and from memory was thought to be linked to the DOC???

Point being that FAR have to contribute at 16.7% WI until Petronas make that election, otherwise at 13.7% if they opt in and 15% if they opt out (if I have that right - someone please correct me if I'm wrong). For all those potential extra wells you delineate that could make quite a difference if FAR "stay the course".

pj

Expand

Petronas? I think you mean Petrosen.

FAR Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 43 more messages in this thread...

First 41 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 49.0¢		Change 0.025(5.38%)		Mkt cap ! $45.28M

Open	High	Low	Value	Volume
47.0¢	49.0¢	47.0¢	$7.096K	14.82K

Buyers (Bids)

No.	Vol.	Price($)
2	50146	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	17921	2

View Market Depth

No.	Vol.	Price($)
1	42046	0.485
1	5000	0.480
1	10000	0.475
2	24999	0.470
1	50000	0.465

Price($)	Vol.	No.
0.490	3728	1
0.500	10000	1
0.505	25000	1
0.510	100895	2
0.520	226786	4

Last trade - 15.58pm 02/10/2024 (20 minute delay)

FAR (ASX) Chart