RE: Key thing in Farm Out negs1 Nov 2018 14:13
Forget the HRZ for a minute, as Oil Companies are focused on Conventional assets which have proven deposits. As announced very recently, we have 2.2B barrels backed by 3D. FO negotiations had already started pre 2nd July RNS, and are due to be concluded by YE.
Throw in the WINX drill in Q1 2019, a possible HRZ FO in H1 2019 and news on YG, we have a compelling story waiting to unfold.
There are bound to be further disappointments along the way, but IMHO these are outweighed by the above.
Good luck!