FAR 3.92% 49.0¢ far limited

far to merge with flow

  1. 1,918 Posts.
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    just got an email form FAR with the announcment

    key points:
    FAR to merge with Flow Energy
    ?X Flow Energy has two highly prospective exploration blocks in Kenya
    ?X Flow Energy has 50% interest in 5 exploration blocks in Jamaica covering the Walton Basin
    ?X In Australia, Flow Energy has 100% interests in two offshore blocks located in a proven
    producing basin
    ?X FAR Board to be augmented with Catherine Norman as Managing Director and Nicholas Limb
    as Non-Executive Director
    ?X FAR has a strong cash position and a significant portfolio of West African projects
    ?X The combined entity will be better funded and have a diversified, world class portfolio of
    projects focused in Africa, Jamaica and Australia
 
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