FAR 0.00% 52.0¢ far limited

"revisions for the SNE field in the coming weeks". That means...

  1. 13,405 Posts.
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    "revisions for the SNE field in the coming weeks". That means latest end of Feb."

    Why try and raise expectations on a statement that says nothing of the sort, the appraisal program will also be finished in the coming weeks..

    Now thats not to say it won't happen by the end of Feb but certainly doesn't say it will either, just revel in the knowledge that it will be an upward revision whenever it comes....

    The part I am enjoying is that 200Mmbbls 1C is considered commercial in the CURRENT enviroment , that goes a long way towards telling us how good this field is, everything above this figure makes the economics even better and they already have 150Mmbbls 1C so the 330Mmbbls 2C will aso increase and this would be after only 3 wells....

    Cheers Whisky
 
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