FAR 1.10% 46.0¢ far limited

Malcy’s Update

  1. 762 Posts.
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    Cairn/Far

    It has been announced that the Senegal JV has awarded the FEED contract for the phase 1 FPSO to MODEC. The FID is still on track for mid-2019 which bodes well for timely production. Far is still significantly undervalued as despite the failure of the well in The Gambia, the last time I heard major frontier basins weren’t written off by one well.
 
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