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Oil and Gas
Far given six-month extension to evaluate results
The Australian oil company that has been granted license to test-drill Gambia’s prospective oil wells blocks A2 and A5 has been granted approval for a six-month extension to do a thorough evaluation of the SAMO-1 results, said a press…
A miss: Far’s first Gambia test drill finds nothing
Oil explorer FAR’s company-making first well in The Gambia has failed, and its shares are diving, reported Upstream on Friday morning.
The well is the offshore Samo-1, which analysts at Canada-based bank Canaccord Genuity described last…
Gambia Gov’t reveals shares in oil deal with foreign companies
Press release:
Contrary to widespread rumors on social media that oil drilling has begun in The Gambia, The Gambia government makes it categorically clear that the allegations are totally false, they lack merit and constitute a total…
FAR to drill first Gambia well in October
Next month, Africa-focused ASX-listed oil and gas explorer FAR expects to spud the first well off the coast of Gambia in 40 years.
Upstream oil and gas news site reported on Thursday that the drillship Stena DrillMAX is expected to start…