FAR Managing Director, Cath Norman, said:
“The SNE North-1 discovery yet again verifies the quality of the oil and gas generating system in our offshore Senegal permits and is another significant result. It is the 11th successful well drilled into the RSSD permits and the fifth in this year’s campaign.
The SNE North-1 well results are very encouraging for the structural trend to the north of the SNE field and the broader exploration potential of our Senegal permit and our other blocks in the region.
The Operator is to be commended for delivering a safe and successful drilling programme in Senegal this year and we look forward to now progressing the SNE field development with our joint venture partners.
We look forward to providing our shareholders with an updated independently certified assessment of the SNE field contingent resources and development plans for the SNE field in the coming weeks”.
Ann: SNE North-1 exploration well discovers hydrocarbons, page-8
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