Obvious Partner, page-4

Hi Mike

I think the board of FAR are playing a long quiet game here.

We had both COP and WPL saying public statements, those have now stopped.

Meanwhile CN was in Senegal to confirm off the record what the Senegal government position is (which I hope/expect is pro FAR) and then a FAR announcement say that the both the government and FAR want a quick resolution and to keep it out of the public eye so to speak.

So going forward FAR has to proceed as normal, announce the next appraisal drilling program and drill.

But any time I expect the PE timeline to re-start and the sugar daddy option to proceed.

Then expect WPL to make its move if it going to.

In my view WPL has to take out FAR if FAR PE as WPL needs the SNE oil.

cheers

WN