I cannot believe the whinging. Invest in an oil-speccy and, sooner or later, they will run into problems. As it has fallen out it doesn't look so bad to me. Concentrate on this (from the announcement), which I presume is the reason we are all in this:
"The FAN-1 well will test a stacked fan structure with the potential to contain approximately 900 million barrels
of oil (mmbbls)* with approximately 135mmbbls net to FAR* and will be followed immediately in a back-toback
drilling program with the SNE-1 well to be drilled on the shelf targeting approximately 600 mmbbls of oil*
with approximately 75 mmbbls net to FAR* (reference: FAR ASX release of 27/2/2013)."
If it was there, it won't have gone anywhere in a week. How much is 135mmbbls worth nowadays?
Update on Senegal Drilling is out, page-47
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