Key points from AGM, page-114

So far we have 123 Mmbbls 2C net to FAR , so I wouldn't get too excited...if you live long enough you will eventually find out how much Oil can be recovered, but there is a huge difference between potential oil in place in the Basin and how much actual oil can be economically recovered net to FAR....

The amount eventually recovered is decided by technology and the price of oil ,as these fields can produce for 30 plus years who knows what the demand for oil will be by then or the technology..it will be a different world.

What we do know at this stage is that regardless of how much Oil there is in our Senegal leases ,we will only be producing at the rate the FPSO is designed for...they are thinking around 100,000 BOPD ...unless they eventually build a second one...

There will have to be a lot of expensive exploration / appraisal drilling to be done over many years to establish the eventual amount of Oil and Aqua, like the rest of us wont know what that will be...you could have 12 billion barrels of oil in place but we may only recover 1 billion and we get 13.7% of that...

Cheers Whisky