FAR 2.97% 52.0¢ far limited

Update on Senegal Drilling is out, page-17

  1. 24,192 Posts.
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    Well a 3 week delay already and still not idea of when this well will be restarted.. !! and it seems the meter is running the whole time.

    "...The FAN-1 well is a pure exploration well and, even if successful, will not be completed as a commercial production well. In the event of a success, the Joint Venture may decide to conduct further drilling and evaluation activities...."

    Market will not like this I suspect ... as some would have been expecting flowing oil by now....
    Last edited by Freehold: 30/06/14
 
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