What we know and what's next?, page-55

Roy, interesting questions. I don't know enough about the tendering process so I can't be of any help to you.

Re FAR taking a stake in any of the blocks up for tender, I think it's possible they would try. Any work schedule would work in nicely with the schedule of their current work program. Nicely staggered. We also have Kenya which is drill ready and with a free carry it shouldn't be a factor in what happens at Senegal re other blocks.

FAR's 3 blocks are approximately 7500sq km's in size. To put this into perspective, Hardman's acreage offshore Mauritania was approximately 70,000sq km's. Carnarvon's discovery with Apache offshore WA is in acreage of approximately 20,000sq km's. So they could very well decide that they want a bigger footprint and will farm in and do the seismic and see what they find. It's not quite a free throw at the stumps but it's close.

Why diversify away from Senegal?

Sorry I can't be more helpful.