Cairn Energy with a current market cap valued at 1.658 billion...

Cairn Energy with a current market cap valued at 1.658 billion US$ for 40% interest in Senegal as well as production due in 2017 for Kraken and Catcher where all risks have been alleviated and an income stream that will begin over the course of the next twelve months. Cairn are also involved in 37 other leases in the North Sea and other permits worldwide, comparable to the exiting leases that FAR contain, so a non inclusion in the drawcard.

FAR has a current market cap of 223 million US$ for 15% of SNE , and this is working off a pre-Christmas average of 7.1c. Most likely all value incorporated to SNE, maybe 5% attributed to cash and all current licenses including Djiffere, Sinapa and Kenya, and never mind the BLUE sky at Beer(2.5BBBL), and other 3D potential targets already recognised. Then the game changing inclusion of oil giant BP to fund through the potential of such a virgin oil and gas find( Not even three years in the making)!!!

This is the grey area that has got me stumped (who said test crickets dead and buried, sensational finish today), Cairn have risen above most UK broker houses price analysis, and continue to buck the oil daily price trend and fellow UK O&G peers and collectively close at higher highs. Somethings definitely in the mix here, as FAR continue to have a daily draw backs on any value increase.

Cairns last presentation used 90% of it's paperwork dedicated to Senegal , and near simply forgot about it's nearest source of income in the North Sea giving it at most 3 pages of a 32 sheet report.

Now looking at the figures I have produced above, It does not require Einstein see how undervalued we are. Djiffere, Kenya mean FA to the present valuation. SNE is a mother of all finds. Yet to be truly identified, and anything more is well and truly a bonus from where we stand at this current time. Realty check fellow posters with over inhibitions, cause 2017 will set this story straight.

As a desert specialist would have it. The ground work has been completed. The base has already been prepared, the main layer is nearing completion. Next, the icing on top. Sometimes more is not necessarily better