FAR Gambia Ltd, a wholly-owned subsidiary of FAR Ltd (ASX: FAR) advises that drilling has commenced
on the Bambo-1 exploration well in Block A2, offshore The Gambia (see Figure 1). The Stena IceMax
drillship arrived on site on 12 November Gambian time and after completing preparations, has
successfully spudded the well.
The Bambo-1 well is located approximately 85km offshore The Gambia, in 930 meters of water depth
and is planned to be drilled to a depth of approximately 3,400 meters. The drilling campaign is expected
to take approximately 30 days.
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