FAR Limited has announced that the Senegal joint venture partners will drill the FAN South-1 exploration well, the first pure exploration well to be drilled offshore Senegal since the FAN-1 and SNE-1 discovery wells in 2014.
FAR and its partner Svenska Petroleum Exploration have completed the revision of the terms for the Sinapa and Esperanca License with Guinea-Bissau’s Petroguin.
CNOOC teams up with FAR to search for oil and gas within Senegal and Gambia over the next two years. The two parties signed an AMI that regulates their areas of collaboration.
Erin Energy Corporation announced this week that it has entered into a definitive farm-out agreement with FAR Ltd.
Cairn Energy, in partnership with the Australian independent FAR Ltd, announced late March the discovery of oil at the VR-1 well located on offshore Senegal.
Melbourne-based junior explorer, FAR has conducted latest drilling tests offshore of Senegal and revealed better-than-expected results of oil flows from the SNE-2 well, drilled about 100km off the coast.