FAR 5.38% 49.0¢ far limited

"will raise up to $34 million to fund the drilling of FAR?s...

  1. 205 Posts.
    "will raise up to $34 million to fund the drilling of FAR?s interest in the Kora Well, and possible follow up drilling, in the AGC Profond block offshore Guinea Bissau and Senegal; fund the 3D seismic program in FAR?s Guinea Bissau blocks and the possible drilling of two wells at that project within the next 12 months; fund bond requirements and commitments in relation to the Company?s three Senegal blocks; pursue further growth opportunities in the oil and gas sector; and for general working capital purposes."

    It's going to be a very busy 12 months!
 
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