At SNE-2 FAR updated the ASX at 8.50AM on 10 December that the well had reached TD and confirmed the SNE discovery. CNE did not make an announcement until 4 January when the appraisal results were in. I'm expecting the same this time around. So we may see an update this morning if COP's statement last week meant that they had finished drilling AND logging (which we assume is the case as they said they were preparing to test ... and its their drill team).
We will have to wait some time yet for testing results which is when I expect FAR to reveal something about the resource revision.
H
FAR Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
