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BRIEF-Far Ltd says potential for 1.1 bln barrels of oil offshore The Gambia

Published 21/11/2017, 02:56 pm
© Reuters.  BRIEF-Far Ltd says potential for 1.1 bln barrels of oil offshore The Gambia
FAR
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Nov 21 (Reuters) - Far Ltd FAR.AX

* Potential for 1.1 billion barrels of oil offshore the Gambia

* Has undertaken a detailed geotechnical evaluation for its 2 offshore blocks in Gambia

* An independent resources review conducted by RISC for Far's a2 & a5 Gambia blocks supports Far's assessment

* Operations are underway to prepare for drilling in late 2018

* Combined prospective resources for two blocks assessed 926 million barrels net to Far

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