I cant believe with oil dropping another substantial amount some are still harping on about awards for Cath.
Who cares about awards!!!!
The main story here is funding for SNE.
The other story is survival.
Yet here we are being told how proud we all should be about another award for Cath.
FAR's only foray as operator turned out to be a disaster.
We were told the target had good seal.
We were told it wasn't water down there and it was.
We were told it had a gas cap then told it didn't.
We were told COS was 55%
The hype from management, or who was left, was IMO over the top on what was after all a prospective resource with an 825m boo yet come up water wet.
Petronas have plenty of money and FAR would have convinced them after claiming they had drilled 11 wells in these sands and finding oil was a moral.
IMO success went to someone's head here and the little minnow got too big for its boots.
The PE debacle started it all with FAR being caught with its pants down.
Then the DJ debacle where the best million turned out to be the worst million.
Then falling in bed with Erin who they knew were in financial difficulties but the lure of believing SNE sands continued into the Gambia was just too much for them and obviously too much for Ben Clube.
The awards keep coming though and we are all expected to praise the messiah still.
Well I suppose it is the FAR thread...…![]()
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