When will there be a farmout in Senegal?
I think either mid-september which was the timeframe that envoi had to find someone, or they will pay the 5m (assuming they do not get an automatic extention) and wait for the drill result from Ophir well(once they retain the licenses there is no preasure to rush any farmout).
With GB the result of the current workprogram is said to be ready in 1Q 2011, which might give a lift to the share price if they are good.
Then we have to wait until 1H 2012 until the Svenska plans to drill 2 well in GB.
I am hoping that the farmout can be achieved by end September give the strengh in the SP yesterday who knows, or will will be in for a long wait.
When will there be a farmout in Senegal?I think either...
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