KOKKOhttp://www.petrosen.sn/index.php?option=com_content&task=vie...

KOKKO

http://www.petrosen.sn/index.php?option=com_content&task=view&id=15&Itemid=33

http://www.rocksource.com/Default.aspx?tabid=624&subtabid=696&subsubtabid=697

i'm sure the agreement for the seismic is contingent upon SHELL taking up first option and operatorship [ control of the project and information ]
for FAR to be given the csem data , SHELL take up first option and if they do not continue to drill phase the CESM DATa WOULD BE MADE AVAILABLE TO FAR.

FAR will benefit from an exploration well carry up to costs of US$65 million and retain 20
percent in the event that Shell elects to enter the second renewal period and subsequently
elects to then drill an exploration well. If Shell exercises the Option but subsequently elects
not to proceed to drill a well, FAR will retain its 90 percent interest, a licence to use the
CSEM data and will be free to negotiate with other potential farminees.
Under the Agreement FAR will, recoup approximately $US3.4 million in past expenditures
regardless of whether Shell elects to exercise the Option and a further US$6 million in the
event the drilling of a well leads to a commercial development.

http://www.far.com.au/files/asxannounce/Elodge%20ID707963%2025Mar09%20-%20Senegal%20FAR%20Shell%20announcement.pdf