How many FRR are you up to BAO?
What I like about FRR is between the 2 gas complexs they have (Taribani Field Complex and Mtsare Khevi Gas Complex the company estimates there is about 20 Tcf of gas in place which (someone please verify) I calculate is about equivalent to 3.5Bbls of Oil !!!! Lets say we can recover 50% of that that 1.75Bbls oil !!!! If the CPR confirms this which is due out anytime soon then I really cant see us being independent or Farming out a big chunk of it pretty quickly. That's why its a longterm hold for me
Yehhhaaa, just got in and seen FRR
Ouch, IGAS worth a look. INEOS going in big time there
Only a few unfortunately Sand
Its been a long wait for it, not only in FRR but a good rerate in any of my stocks