FAR Ltd

Activity Highlights

Offshore Gambia exploration well #1-Samo has been spud by FAR Ltd. in Block A2. The venture is in 1,000 m of water with a planned depth of 3,100 m and is targeting two key reservoir intervals thought to contain total prospective resources of 825…

FAR Ltd. has selected its drillsite for the offshore exploration well #1-Samo its operated Block A2 in the Atlantic. The prospect lies immediately to the south and along trend from the SNE oilfield in Senegal in the highly prospective Mauritania-…

A study conducted by FAR Ltd. for two Gambia blocks, A2 and A5, indicates a potential for 1.1 Bbbl of oil with an unrisked, recoverable net estimate of 926 MMbbl. The two blocks A2 and A5, are within the emerging Mauritania-Senegal Guinea-Bissau…

News

The company owns 15% of the Sangomar oil and gas field being developed offshore Senegal.

The project is Senegal’s first oil development and key to Woodside’s growth plans over the next seven years.

The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil…

The project is estimated to target 231 million barrels of oil resources in its initial phase of development.

Australia's Woodside Petroleum on Tuesday said the final field development plan for the Sangomar oil field was submitted to Senegal…