csem starts

CSEM DATA ACQUISITION COMMENCES OFFSHORE SENEGAL
First Australian Resources (FAR) is pleased to announce the commencement of a CSEM Data
Acquisition and Geophysical Evaluation Programme over part of its Licence Area comprising
Sangomar Offshore, Rufisque Offshore and Sangomar deep Offshore Blocks in Senegal, West
Africa; where a number of drilling prospects have already been identified by FAR and its
partner Petrosen.
The acquisition phase will be conducted using the MV Boa Thalassa, the world's first purpose built
EM survey vessel launched in December 2008 and chartered by EMGS under a long-term contract.
The CSEM acquisition phase, funded by Shell, is expected to take approximately two weeks and will
be followed by processing, interpretation and integration of results. The objective of the programme is
designed to enable Shell to determine whether or not to exercise an option (“the Option”) to acquire a
70 percent interest in the Licence Area and enter the second renewal period that includes a well
commitment.