Far Limited reports that the Samo-1 exploration well in block A2, offshore The Gambia has been drilled to a total depth of 3240m and wireline logging is nearing completion. The well operations to date have been conducted safely, efficiently, ahead of schedule and within budget.
Read MoreFAR has completed detailed geotechnical studies and assessed significant hydrocarbon resource potential in its two blocks offshore The Gambia. The Blocks A2 and A5 permit area, covering 2,682km2, are adjacent to and on trend with FAR’s world class SNE oil field discovery and have significant exploration potential.
Read MoreAustralian independent FAR has had its March 2017 application to acquire an 80% operating interest in two West African offshore blocks A2 and A5 approved by the Gambian government.
Read MoreAustralian independent FAR Limited has filed for arbitration in its dispute over ConocoPhillips’ sale to Woodside. The company said June 20 it has made a request to the International Chamber of Commerce in Paris to commence arbitration proceedings to resolve the current Joint Operating Agreement dispute regarding FAR’s right to pre-empt the sale of ConocoPhillips’ interest in the Rufisque, Sangomar and Sangomar Deep joint venture offshore Senegal.
Read More