It could be that the FAR dispute holds up a TO move on FAR. If FAR were successful with PE then TOTAL would appear to be quite motivated to become the operator with 15+35% and operator status by taking out FAR.
On the other side of the TOTAL coin they might be looking at CNE and working with Woodside as a JV partner. Woodside and TOTAL are JV partners on the A6 block in Myanmar (40% each) where they have 0.9Tcf 2c gas and an upcoming drill program this year so are not complete strangers and are currently working together on a development project.
Any M&A activity in a rising oil commodity price environment should be positive for FAR.
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FAR
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38.0¢

Total to buy out current Senegal explorers?, page-5
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 71186 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 55566 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 71186 | 0.365 |
2 | 16701 | 0.360 |
1 | 25000 | 0.355 |
2 | 180245 | 0.350 |
1 | 28985 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 55566 | 2 |
0.385 | 16000 | 1 |
0.390 | 31191 | 2 |
0.400 | 39368 | 3 |
0.410 | 33333 | 1 |
Last trade - 10.02am 15/07/2025 (20 minute delay) ? |
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FAR (ASX) Chart |
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CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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