How much exploration drilling have FAR paid for outside the SNE JV?
Zero.
How much have they had to pay for at SNE?
FAN South and SNE North...so plenty.
Point is if SNE is a stand alone project with excellent economics it should be able to wipe its own nose?
Didn't hear any one whine about drilling Samo until after the event.
Didn't hear anyone complain when they signed on in DJ. Lucky not to have gotten involved with that lying crew so IMO dodged a bullet there.
I hope FAR drill plenty of wells so long as they keep the keep the cost and risks down to shareholders but as we have seen a duster destroys the sp even when drilling is free.
We have no idea what FAR's long term plan is. They might exist SNE altogether and keep exploring who knows? DB
The Gambia and Guinea-Bissau, page-29
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