This is a Far company update
Thank you for your email. Please be advised the following in response to your questions:
1. Our most recent release regarding the spud date of Kora gave an estimated spud date of mid-May, subject to delays. Since this release, Hess, who have the Maersk Deliverer rig contracted in Ghana, has reported that they have made a discovery and would require a further two weeks to complete their drilling program. We do not have a firm spud date for the Kora well at this stage but expect to make a release once the rig has been handed over by Hess for mobilisation to our licences.
2. Yes, as noted in our March quarterly activities report we continued active discussions with a number of interested parties during the quarter. This continues to be the case.
3. Our March quarterly activities report also noted the following; “In early April 2011, a further delegation comprising three representatives from FAR and Ophir’s Country Manager held meetings with Petrosen and obtained consents sought under the Agreement giving Ophir the ability to acquire a 25 percent interest in the Senegal blocks. The delegation was warmly received and assurances were again provided that the issuance of a Decree concerning FAR’s PSC would be made in due course.”
Regards
Info at FAR Ltd
All looks good imo
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47.0¢ |
Change
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Mkt cap ! $43.43M |
Open | High | Low | Value | Volume |
45.5¢ | 47.0¢ | 45.5¢ | $82.32K | 180.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 46.0¢ |
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Price($) | Vol. | No. |
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47.0¢ | 125569 | 6 |
View Market Depth
No. | Vol. | Price($) |
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1 | 3500 | 0.460 |
1 | 30000 | 0.455 |
6 | 128578 | 0.450 |
1 | 30000 | 0.445 |
3 | 105000 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 101569 | 4 |
0.475 | 6667 | 1 |
0.480 | 1300 | 1 |
0.500 | 3792 | 2 |
0.600 | 3176 | 2 |
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