In May 2015, FAR and its Senegal joint venture partners...

In May 2015, FAR and its Senegal joint venture partners submitted a three-year evaluation program that was subsequently approved by Senegal Presidential decree which extended the Senegal PSC by three years to February 2019. The evaluation work program included an initial firm, three well drilling program (SNE-2, BEL-1 and SNE-3) and a 3D seismic survey. These wells were successfully and safely drilled ahead of schedule and below budget which justified a joint venture decision to drill a fourth well (SNE-4) in the 2016 evaluation program.

Hi DB,
I dug this out of a Far presentation.
Notice the end date of PSC exploration, evaluation.This accounts for the step out drillin
g from JV to formulate their exploitation plan,before PSC exploration extension expiry in Feb 2019.

Kimbo007