FAR 2.91% 50.0¢ far limited

Hi H I doubt they would need to drill anymore in Sangomar to...

  1. 13,375 Posts.
    lightbulb Created with Sketch. 4541
    Hi H I doubt they would need to drill anymore in Sangomar to keep the lease , another well into Sangomar deep should fulfill any immediate obligations there and if it wasn't deemed commercial would be dropped anyway. The water in the Rufisque block would be too shallow for the Drillmax I believe so would come under a separate program IMO.
    They have untill sometime in 2019 to complete evaluation plan.

    Although they will be keen to make use of the Drillmax,they also won't be spending any more money than they have to and the way I see it 5 wells would give them all the information they would need within the 30 Km radius....we will fond out soon emough..

    Cheers Whisky
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
50.0¢
Change
-0.015(2.91%)
Mkt cap ! $46.20M
Open High Low Value Volume
52.5¢ 52.5¢ 50.0¢ $45.91K 88.73K

Buyers (Bids)

No. Vol. Price($)
2 5993 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 5982 1
View Market Depth
Last trade - 15.08pm 28/06/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.