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farwest

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farwest

Re: cl001 post# 8168

Monday, 02/14/2011 4:18:18 PM

Monday, February 14, 2011 4:18:18 PM

Post# of 17741
POE has good potential in Indo, but fiscal terms are much worse than Thailand, even with SRB. Will take a large discovery to move the needle, but I think they have good potential to do that.

HNR has more favorable Indo fiscal terms due to Frontier designation.

EGY - owned it last year and made some nice $. Angola is definitely a nice prize should it be successful.

HNR will be drilling a well adjacent to EGY's Etame concession in the next quarter. I like their chances.

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