Thanks Jocam, great summary! Seem to have some sort of an interest in all of these.
FAR also have 33% interest in the Tap Oil operated Banjo prospect scheduled for drilling Mar/April 03. FAR have already prepaid over a $1m for this well and are looking to farm out.
In their quarterly just released FAR advise a conditional farmout completed for 10% reducing their interest to 23% and are looking to farm out more.
The quarterly states Rawson Resources will earn 10% interest in Banjo-1 by paying 13.3% of FAR's well costs - just HAS to be a misprint surely!!!
At that rate FAR could dispose of its entire interest and still have to pay $0.6m or so. This has me worried. I phoned FAR and got a call back from M. Evans in Houston - unfortunately I was in the loo.
