Cairn/FAR
Cairn has announced the results of the SNE-6 appraisal well offshore Senegal and it is another success. The well proved good connectivity with SNE-5 in the Upper Reservoir and the oil quality was similar to previous finds. This is incredibly good news for the partners who are now looking at a huge oilfield with massive potential, it also does nothing but increase the excitement around the whole area where deals are being done and every major worth its salt is in town. The rig moves on to FAN SOUTH where they are targeting prospective resources of 110m barrels and who’s to say that this won’t be success no 10 for the partners. Excellent news for Cairn and of course even better for FAR who are now funded up and the shares should rise significantly, my 25c target remains in place.
---------------------------------------------------------------------
Above excerpt is from Da man with bolding contribution from me
The way this elephant is growing, room is gonna burst.
AWESOME news
MS
[IMG] Cairn/FAR Cairn has announced the results of the SNE-6...
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $8.846K | 17.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89158 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 97696 | 2 |
View Market Depth
| Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |