FAR 2.00% 49.0¢ far limited

Lack Of Transparency: The Right Of First Refusal Of Senegal On Its Oil And Gas!, page-71

  1. 13,526 Posts.
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    Hi KKW your senario, which I largely agree with, is more likely to end in a compromise as much as a reset of the PE button but either would be good for FAR IMO...

    One thing that did grab my attention in the last update is FAR are now suggesting a 140,000 Bopd production plateau, which is considerably up from the 75,000 - 100,000 Bopd mentioned up to now. Thats 21,000 Bopd net to FAR's current WI and would generate twice as much turnover as our current MC with oil at $US 70 Bbl and quite a bit would be profit..

    Now a Company with 1and 2P reserves and about to start long term oil production that would plateau a year or two later at 21,000 Bopd is something that would have some serious value if sold and some serious income if not and thats just SNE....

    Cheers Whisky
 
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