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FAR 12.5¢

how big is big

  1. jacob9405

    1,375 Posts.

    Hi guys,

    I have been reading and trying to understand but how big is the FAR resource in comparison to other wells. I have heard / read around the billion mark but in all honesty 100m or 100b both seem big to me, and I am just curious how big it actually is compared to others, and due to its position in "shallow" depths does this make it cheaper to get out of the ground. Is there a rough break even price?
    My last part and maybe the silliest but a company like COP could easily swallow up FAR and if this is such a huge find why would they want anyone other companies fingers in it?? I wouldnt think it would be for the $$$ as COP can do this easily themselves and I understand that it takes 2 to have a sale but surely FAR would be wiling to sell or be bought??
    I am trying to understand the big world of oil giants

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