FAR Ltd wins “Breakthrough Company” award on Senegal exploration successes

Publié le mercredi 22 juin 2016, par Rutilance.com

FAR Ltd, with high impact oil and gas assets in West and East Africa, is awarded “Breakthrough Company of the Year” by the prestigious Oil and Gas Council during the annual Africa Assembly in London, England, the company on June 21 rst disclosed in a release that reached Rutilance.com.

Drake Lawhead , Africa managing director of Oil and Gas Council , handed the award to Mrs.Cath Norman (photo , wearing glasses) , managing director of the Senegal focused ASX listed company.

Quite simply, the Senegal story is the standout over the last two years in Africa, and of all the companies involved there, the title of ‘Breakthrough’ is most apt for FAR Limited.”, Lawhead commented, according to the release.

FAR is very pleased to receive this award in recognition of its success to date in Senegal”, Mrs. Cath Norman said, after pointing out that the Senegal joint venture has had six successes from six wells drilled in country and nearby, Kosmos is two from two.

So after having no oil exploration wells drilled for 40 years and nothing ever in deep water, Senegal now boasts eight successes from eight wells”, she explained.

FAR is thrilled to be the company that made it all happen for Senegal”, Mrs. Cath Norman commented.

We are just scratching the surface of the prospectivity in our blocks where we still have a number of undrilled prospects”, she added.
FAR Limited managing director also said it appears this has the “makings of a major new oil and gas province”.