FAR's main acreage is an area approx 7000sqm of the West African Coast, in Senegals waters. There partner is the national oil company, Petrosen who owns 10%.
Hunt Energy and FAR completed a 3d seismic some years ago now. Hunt relinqished their holding, giving FAR 90%. They are targeting 1 million barrells of oil in the buried hill and 150k barrells in the 3 fan plays.
FAR are currently seeking a JV. A number of large producion and exploaration companies are analysing the data and hopefully will sign on soon.
The JV partner could be announced any day now
FAR's main acreage is an area approx 7000sqm of the West African...
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Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 46.5¢ | $3.174K | 6.826K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53774 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 2400 | 1 |
View Market Depth
| Last trade - 15.59pm 01/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |