FAR 2.97% 52.0¢ far limited

CNE Preliminary Results Announcement, page-3

  1. 1,089 Posts.
    lightbulb Created with Sketch. 330
    http://info.tgs.com/tgs_nwaam_fan

    ...

    Cairn Energy announced this week yet another positive drilling result following the completion of the Fan South-1 well in Senegal. This is the ninth straight well in the Sangomar Deep Offshore block, drilled by the group, that has hit hydrocarbons. The Fan South well has been a long awaited follow up to the initial Fan well, which revived the recent exploration rush back in 2014. This well confirms the presence of a second Cretaceous reservoir in addition to the original Fan. It also gives further confidence to the reservoir quality, which was one of the concerns of the initial Fan well.

    ...
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.