FAR 0.00% 48.0¢ far limited

FAR have $36 million now,plus 3 million to come from Beibu...

  1. 2,648 Posts.
    FAR have $36 million now,plus 3 million to come from Beibu Gulf.That would be the bulk of the capital required IMO.They could easily afford to be the major contributor to a well.Of course if Kora is a success its a whole different story.Just been reading the latest USGS survey on probable reserves of oil in Alaska.273,000,000 barrels @ $72 per barrel and 500,000,000 barrels @ $90 per barrel recoverable.Goes to show why West Africa is really the focus now and the size and importance of what FAR is involved in.Dont forget Kora alone is estimated at 440,000,000 barrels.
 
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