it makes abit of sense, Laza is hedging his/her bets, though...

it makes abit of sense, Laza is hedging his/her bets, though with little faith, it would seem he/she is better off selling all.

Many would disagree (and have) on the status of oil there or not, and Shell's reasons for not moving forward with the development.

Basically though, most on this forum would agree that at 5c, FAR is good value long term, and the immediate risk of little oil shows per the Shell research, though unknown, is still small compared to the great upside for a company with 4cps cash support (est.) and a diversified holdings portfolio, not to mention proven management experience to jump in (and out) of bed with the big players (like Shell).

Good luck