FAR 3.03% 51.0¢ far limited

The year 2016, page-11

  1. pj
    2,090 Posts.
    Hi DB

    That 2 billion odd I think would be the gross "unrisked" number, not including FAN1 which appears to be left out of their numbers perhaps as not having a readily attributable classification at the moment. Including FAN and SNE 330 I actually make the total unrisked around 2560mb, down from Aqua's 3500mb quote of CN's from 2014 (this number was subsequently downgraded because of the failure of the upper fans at FAN 1 downgrading the Central and South FANs somewhat and a net reduction on the shelf despite the addition of Sirius and Soleil because of the loss of the large Aptian section at SNE 1 which turned out to be water wet. I have no doubt that Aqua will be able to drum up some more unaccounted for leads to bump the that number up over 3 billion again

    According to my numbers the more relevant current statement of gross risked reserves (using Cairns risking - somewhat less with FAR's) would be around the 1 billion previously mentioned by Cairn (and not including FAN1).

    pj
 
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