Drilling Schedule

The timing of FAR's drilling programme is always subject to change because of commercial activity, joint venture decision making and equipment availability.  However, subject to these constraints the following timetable is envisaged:

PROSPECT PERMIT TIMING FAR
EQUITY(%)
POTENTIAL
Million bbls
Eagle California Well suspended. New activity planned Mid 2008  15.0 Up to 8.8 mmbo
Up to 33 BCF 
Offshore Senegal Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore blocks. 2008 30 Significant upside potential exceeding 1 billion barrels recoverable within the licence 
NE Waller Waller Texas 2008 34 Potential reserves in excess of 50 BCFE 
Kakwa/Karr Alberta Waiting on Operator 15 20 BCF 
Offshore China Beibu Gulf 22/12 Pre Development 2008 5 (subject to CNOOC participation 19 MMBBBLS discovered.  
Doumonte WA 254 2009 10.7 22.5 mean recoverable 
Trefoil T18P Drilled 2004 Royalty0.09375  New Wildcat Discovery of 200 to 300 billion cubic feet of gas and 14 to 21 million barrels of liquids "in-place".
 
South Grosse Tete Deep Iberville Parish, Louisiana 2007/8 17.7 Nonion Struma 12-15 BCF gas
Nodosaria 100 BCF gas and
5 million barrels oil
Deep Wilcox 350-500 BCF gas and
9-13 million barrels oil
 
Little Joe WA-254-P 2009 10.7143 Up to 71 mmbbl oil in place (approx 35% estimated within WA-254-P). Est recovery 30-50%. 
Stokes Bay/Point Torment EP 104 Testing resumes 2008 33 BCF "A" sand
47 BCF "B" sand
and 6-12 million barrels oil 
Jayasariya Lead WA-254-P 2009 10.71 Unknown 
Sage WA 254 Drilled March 1999. Follow up 2008 11.25 Oil
discovery
 

NOTE: Prospect size is based on most likely case outcomes (P50 or median) assuming hydrocarbons are present in the prospect. Wildcat drilling involves high risk and outcomes are uncertain.

Last Modified: 28/03/2008 4:18:40 PM

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