Just my opinion, but everything they did (COP) points to the fact that they think Senegal is big and obviously much less risk involved as it's already had largely been derisked by the two big discoveries as compared to the others (how many dusters did they drill immediately prior?).
They are probably also thinking that Senegal alone is big enough to offset the others they are getting rid off and hence their concentrated efforts of 30 geos (and this is going back right to the beginning of the discovery last year).
Even if they have intentions of getting out of Senegal. it certainly seems that they are committed to add value to it first, and in doing so, FAR will be dragged up with it.
My conclusion, COP thinks that there is a lot more in Senegal.
KKW
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49.5¢ |
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Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19637 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
1 | 5000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 69689 | 1 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
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