FAR 0.97% 52.0¢ far limited

Malcy Not giving up on BP, page-132

  1. 1,228 Posts.
    KKW
    FAR could have a backer that may want to match the BP offer for CNE's 30%, it's not impossible.
    CNOOC could jump on the back of a PE by FAR or even a direct offer by FAR after all we have a zone of cooperation in place and WPL could not intervene as they haven't got JV status.
    FAR could then sell their 15% of SNE to CNOOC to sweeten the deal if they acquire COPs 35% through PE.
    Either way FAR would be all cashed up to get to production on the SNE and / or the A2 &A5 blocks.
 
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