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BRIEF-Far Sees Sangomar Project To Deliver About $180 Mln Free Cash Flow Per Year At Peak Production

Published 16/12/2019, 07:40 pm
© Reuters.  BRIEF-Far Sees Sangomar Project To Deliver About $180 Mln Free Cash Flow Per Year At Peak Production
FAR
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Dec 16 (Reuters) - FAR Ltd FAR.AX :

* WOODSIDE ENERGY ADVISED CO SANGOMAR OIL FIELD FID EXPECTED TO COINCIDE WITH PRESIDENTIAL APPROVAL OF DEVELOPMENT & EXPLOITATION PLAN BY YEAR END

* SANGOMAR PROJECT EXPECTED TO DELIVER ABOUT $180 MILLION IN FREE CASH FLOW PER YEAR WHILST WE ARE AT PEAK PRODUCTION OF 100,000 BBLS OF OIL PER DAY

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