FAR 1.02% 48.5¢ far limited

Ya

  1. 270 Posts.
    Hi Ya,

    You stated that,

    "FAR wont see a lot of cash burn in 2015, just Kifaru west drilling in Kenya, which is a free carried well."

    Firstly just wandering were Kifaru West drilling come from??. Have you had some feedback on this??. Always thought from my feedback that Kifaru was the primary prospect and only a two well program, may include Kifaru West, which the new operator may also choose to test the Eocene sands (Tembo)?.

    Cash Burn in 2015,

    Onshore and offshore L6, may well end up free carried?, which l am not sure that both or either will definitely be drilled in 2015.

    Guinea Bissau, likely one or two well program towards the end of 2015 and we have a 21% paying interest.

    If L9(Kenya) ever gets finalized, then straight up cost of 11m for past costs of two outboard 3D programs, and expect another 3D program to start inboard (Miocene plays) in 2015, maybe another $5mil there too?

    Ya question,

    Have you looked into Guinea Bisseu prospects in the past?, the reason l ask is, after the recent success nextdoor (Fan1) in Senegal, l was interested, if this was likely to highlight Atum prospect in our GB outboard plays. 2013 AR stated, Atum high est of over 1.5 bil barrels.

    Thanks,

    Shovel.
 
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