kora fallout, page-7

well I would hope that FAR Management, knowing the ratio of success vs failure for deep water wells, would have assumed 'worst case scenario' and have something else in the pipe works for this year.

I mean seriously, It's July, that leaves, August, September, October, November, December (5 months) till 2012, so assuming we are just 'playing the waiting game' regarding the Senegal extension, what exactly will FAR management be doing for the next 5 months? (apart from, possibly coming to an agreement with Ophir, like 'yeah ok, we will drill with you again, here's somet money, and we want x % of the well'... I seriously hope, that there is more happening behind the scenes then this.

And can I ask, considering we are such a small company, why the on earth can't we 'invest' in wells 'outside of west africa', there are so many wells been drilled, why can't we just get a JV with another company, that has a high chance of success, in the hope that we hit black gold somewhere else, and thus boosting the companies profit / asset base, allowing us to perhaps finance our own drilling off WA?

... just thinking out loud people, thinking out loud.

Ele.