FAR 2.00% 49.0¢ far limited

Hi all.the power of words.confirming a one year extension to the...

  1. 1,845 Posts.
    Hi all.the power of words.

    confirming a one year extension to the First Renewal Period under the Contract for Exploration

    formal Presidential Decree to follow (as distinct from the current licence expiry date of 22 November 2009).

    the co-venturers including FAR and Petrosen, requested the current contractual period of the licence be extended by one year.
    end..

    requested the CURRENT contractual period of the licence be extended by one year.??

    NO loss of ground ??

    FAR has provided data packages to several large international exploration and production companies; detailed technical reviews are now in progress.

    shell required plenty of time to process data.

    looks like the partner is now the the only hurdle to go.

    wg
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.