A big meh on FAR winning from me. If WPL can get LNG contracts simular to its existing long term to underpin Scarborough, at $10 Brent they will be making ~$45/boe from LNG (2015 IBD pack), likely around $4-8/boe OPEX. breakeven hence occurs irrespective of oil price. $35 oil break even for SNE, higher opex + leased FPSO + government take less favourable than PRRT + less favourable depreciation rules makes Senegal the ugly goose in the WPL portfolio... DYOR.
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A big meh on FAR winning from me. If WPL can get LNG contracts...
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