FAR's announcement, page-2

And Cath's comments:

FAR Managing Director Cath Norman said;
“The excellent results from the SNE-2 appraisal well have confirmed the SNE oil field reservoir quality and are important in demonstrating the ability of the SNE reservoirs to flow oil at commercially viable rates.
This positive result has also helped confirm the overall scale and extent of the resource base and it is expected to support a future revision of the SNE resource estimates.
This also provides further evidence of the substantial potential of FAR’s extensive exploration acreage position offshore Senegal.
Overall, SNE-2 has provided FAR with significant confidence that SNE has potential to become a major, world-class, oil field development.
SNE-2 has been drilled, cored, logged and tested ahead of schedule and we are now looking forward to the results from SNE-3.”

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