To me, there are two big questions: a) Why did DELEK sell those 15% participating interests if the grounds are as prospective as everybody assumes?? b) Why did SVENSKA not buy those 15% from Delek themselves?? I can only positively assume (note: this is pure SPECULATION on my part!) that perhaps FAR & SVENSKA have done some kind of deal which involves Svenska into the Senegal issue whilst giving FAR exposure in their territory, i.e. a win/win scenario?? Or is this too far-fetched??? Can somebody confirm that SVENSKA would have the muscle/cash for deep-sea drilling. TIA. wasa
FAR Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held