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News: FAR FAR Signs New JOA For Gambian Asset

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    June 25 (Reuters) - FAR Ltd (FAR) :

    • ASX ALERT-FAR SIGNS NEW JOA FOR GAMBIAN ASSET-FAR.AX
    • UNIT SIGNED NEW JOAS FOR A2 AND A5 BLOCKS IN REPUBLIC OF GAMBIA, WITH PC GAMBIA
    • REMAINS AS OPERATOR UNDER NEW JOA'S WHICH BETTER REFLECT TERMS OF NEW LICENCES
    • FAR IS WORKING TO CONCLUDE A FARM-OUT BEFORE RESTART OF DRILLING OPERATIONS
    • EFFORTS TO FIND ADDITIONAL PARTNER FOR DRILLING OF NEXT WELL IN GAMBIA ARE ONGOING
 
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