ASX ANNOUNCEMENT AND MEDIA RELEASE
SHELL ELECTS NOT TO EXERCISE OPTION ON SENEGAL
Shell Exploration Company B.V. (Shell) has advised First Australian Resources (FAR) of its
decision not to exercise an Option in respect of Sangomar Offshore, Rufisque Offshore and
Sangomar deep Offshore Blocks (“Licences”) in Senegal, West Africa.
The decision by Shell follows the completion of a Shell funded CSEM Data Acquisition and
Geophysical Evaluation Programme over part of the Licence Area where a number of drilling
prospects have already been identified by FAR and its partner Petrosen.
Shell is required to deliver a technical report resulting from the Geophysical Evaluation Programme
no later than 21 September 2009 at which time further details will be released.
shell says 'no' , page-2
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