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
Guinea Bissau Sinapa (Block 2) and Esperanca (Blocks 4A & 5A)  15 Various 
Eagle California Well suspended  15.0 Up to 8.8 mmbo
Up to 33 BCF 
Wild River Wild River Project, Alberta Canada  29.12 Base - 20 BCF
Upside - 50 BCF 
Offshore Senegal Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore blocks. 2009/10 90 Significant upside potential exceeding 1 billion barrels recoverable within the licence 
NE Waller Waller Texas 2009/10 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 2009 Sold 19-27 MM BBLS discovered.  
Doumonte WA 254 2009/10 10.7 22.5 mean recoverable 
Trefoil T18P Drilled 2004 Royalty 0.09375  New Wildcat Discovery of 200 to 300 billion cubic feet of gas and 14 to 21 million barrels of liquids "in-place".
 
Little Joe WA-254-P 2009/10 10.7143 Up to 71 mmbbl oil in place (approx 35% estimated within WA-254-P). Est recovery 30-50%. 
Jayasariya Lead WA-254-P 2009/10 10.71 Unknown 
Sage WA 254 Drilled March 1999. Evaluation continues 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: 25/01/2010 11:38:24 AM

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