woodside to buy FAR???

this block is directly below SNE 1 ......

Feb. 18 (Financial Review) -- Woodside Petroleum has further expanded its exploration acreage in Africa with the acquisition of interests in waters off Senegal and Guinea-Bissau, signalling it is very much still in the market for smaller asset deals even as it turns its back on larger corporate plays.
The deal with UK-based private player Impact Oil and Gas, sees Woodside buy a 65 per cent stake in a 6700 square kilometre production sharing contract in the AGC Profond permit in the joint development area off the coast of the two West African nations.
Impact, which said this month that technical studies have revealed the permit has a "high degree of prospectivity", is keeping a 20 per cent interest in the block. Local company Entreprise AGC SA has a 15 per cent stake.
Woodside is taking over as the operator of the venture, which chief executive Peter Coleman said offered an opportunity to secure high-quality acreage.
"This builds on recent acquisitions in Cameroon, **on and Morocco and reflects our disciplined and strategic approach to studying regional petroleum systems," Mr Coleman said in a statement on Thursday.
Impact has pointed to recent discoveries made by Cairn Energy in Senegal as a demonstration of the potential of the AGC Profond acreage.
Cairn made two oil discoveries in 2014 off the coast of Senegal in a venture that includes junior Australian explorer FAR Ltd.
Mr Coleman said at Woodside's full-year earnings briefing on Wednesday that the company would continue to seek exploration and deepwater petroleum assets that could come onto the market amid the slump in oil prices, but signalled a cooling toward larger corporate deals because of the uncertainty in the market outlook.
Woodside last year made an unsuccessful $11.6 billion scip-based takeover approach to Papua New Guinea player Oil Search.