Thanks for posting GH, interesting FAR/Svenska are looking to farm down, FAR's working interest could drop to 10-15% pre drill from 21.42% currently. Given the potential farm down and already minor interest in the block the drill is not likely to place any real funding pressure on FAR.
Not sure if anyone noticed but here is the last sentence of the article again:
'These blocks are thought to be sought after by several companies, including Woodside Energy, Tullow Oil and China National Offshore Oil Corporation.'
Given the AMI, if CNOOC is seeking the other Gambian blocks then so is FAR.
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Thanks for posting GH, interesting FAR/Svenska are looking to...
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