QUESTION: Sorry if this has been covered before. Can FAR proceed with new project partner Petronas in the Gambia to move from drilling to project planning and exploitation of SNE barrels from the Gambia (eg Soloo) without any permission / interference from the (RSSD) project partners? What are the hurdles or hold-ups to such a thing. Presumably FAR could be two entirely unique entities if good oil is discovered just across the border of the Gambia FARSE & FARGA!
Cath Says: "The Samo well was just a step too far. The wild geology just threw out our seismic, so we drilled off the main structure. It’s likely that Petronas, our partners and ourselves will drill back closer to SNE, in fact the SNE field extends into The Gambia and it’s likely we’ll go and drill the barrels of oil in SNE on the Gambian side next. Stake our claim"
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- Cath Norman, FAR Limited, Africa E&P Summit London
Cath Norman, FAR Limited, Africa E&P Summit London, page-66
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