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FAR Ltd. upgrade to SNE oil field contingent resources


Published Feb 9, 2016
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FAR Ltd. spuds first well on the SNE oil field

FAR Ltd commissioned RISC Operations Pty Ltd to prepare an Independent Resources Report for FAR's SNE oil field offshore Senegal. The report was prepared as at December 2015 incorporating recent data available from wells SNE-1 and FAN-1 and reprocessed 3D seismic.

The SNE contingent resources set out in RISC's Independent Resouce Report represent a material increase to the estimates previously reported by FAR in late 2014 with the SNE field 2C contingent resource increasing by 42% to 468 mmbbls (100% basis, recoverable).

Tags: FAR Ltd



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