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Ann: Half Year Accounts-FAR.AX, page-2

  1. 5,718 Posts.
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    Not a lot of juicy info in the release apart from something happening in Gb in the next few months and this statement

    A 400km2
    3D seismic survey was also acquired exclusively by FAR over the north eastern portion of the Djiffere block,
    with preliminary processed products due 3Q 2016 and final products at the end of 2016. The western part of Djiffere
    block is located along the same geological shelf trend as SNE, with one lead estimated by FAR to contain in excess of
    100 mmbbls of unrisked prospective resources. FAR has an option agreement with Trace to earn a 75% interest in
    Djiffere by drilling an exploration well before 31 July 2018 (
    subject to Government approvals)

    no mention of a decision by October like previous releases. possible the decision has been made and they need to drill before July 2018.
 
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