Going by another poster's comments I'm lead to believe that a period of 6 months is the norm between announcing a farm out and operations beginning.
The last RNS states that plans are underway to commence Phase 1 of the Verang deal which to me sounds like an announcement is imminent. Going by the way FRR are NOW informing the market there should be an RNS out as soon as the side track on Niko begins.
Note how they have stated:
"During the first half of 2014 the Company achieved several important value creation milestones associated with our work in the Taribani Field Complex and the Mtsare Khevi Gas Complex."
Now the only "work" in the Taribani Field Complex that they have possibly done is moved a drill bit to Niko unless someone else here knows of any other "work" associated with the TFC
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