FAR 0.00% 43.5¢ far limited

https://www.africaintelligence.com/aem/corridors-of-power/2018/02...

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    https://www.africaintelligence.com/...loggerheads-again-over-djiffere,108295009-bre

    Cap Energy and Trace Atlantic Oil have once again taken their fight over the offshore block Djiffere with Australian firm FAR to court. The case was heard by the Dakar district court on February 14. The case was heard by the Dakar district court on February 14 and another hearing is scheduled for February 20. Cap Energy and Trace Atlantic's goal is to make FAR pay out several million dollars to its two partners for failing to respect a deal made in 2015. The agreement had allowed Far to carry out a 3D seismic survey before deciding whether to drill. The two plaintiffs, who weren't given access to the survey results, esteem that this failure to pass on information is a breach of the 2015 deal signed between the three partners (AEI 798). In Dakar, Cap Energy and Trace Atlantic Oil were defended by lawyer Mamadou Malal Barry, a partner at Avocat Cheikh Fall . FAR used to be defended by Ibrahim Mbengue (who had advised Chad during the trial of former Chadian president, Hissein Habre). However, Mbengue gave up on the case.
 
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