FAR 1.09% 46.5¢ far limited

The Gambia, page-33

  1. 13,860 Posts.
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    FAR might fund further exploration in the Gambia courtesy of WPL royalty payments from SSD if Brent holds up and if FAR can survive a few years until RSSD first oil.

    (ii) Contingent payments payable annually (capped at USD 55 million) depending upon the Brent Oil price from First Oil until the earlier of 3 years from First Oil or 31st December 2027. Total investment involved including the development cost until the first oil is expected to be around USD 600 Million.

 
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