2015 KPI - "Declaration of Commerciality for Sangomar, Sangomar Deep and Rufisque blocks in acceptable timeframe to maximise acreage retention."
Cairn are in charge until commerciality. A development plan must be submitted by 1/1/17 (including extension). So I think this is what is meant by "maximise acreage retention".
Expect a changing of the guard to COP at the development stage and that is when FAR will have to have some financial backing to stay in the game.
1p in the hundreds of mills doesn't cut it terms of share value for FAR unless we go in to production in a pretty big way and that is going to cost big bucks.
So a bit over 18 months to hit the right targets, knock up a development plan and for FAR get finance in place.
IMO etc
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