junior oilers 3/4 may, page-3

  1. 10,754 Posts.
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    Thanks for that great summary J9.
    I really don't know what to do with my FAR shares at the moment.I have heard that the Enesco rig stayed on the Banjo site for five days after P&A due to that hurricane-even at 'stand-by' rates that will be charged that sounds like a very expensive exercise for FAR that does only have limited funds for the upcoming drilling program that it faces in 2003.My gut says to sell due to the cash situation but they do have a good mix of prospects and producing assets.
    I hold shares in FAR,FAROA & SUR-oilers only.
 
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