FAR Limited (FAR) is an independent Australian Securities Exchange listed (ASX: FAR) oil and gas explorer with high impact assets in West and East Africa. The Company has a robust balance sheet to progress its assets, an experienced Board, and management with strong relationships in Africa. FAR is dedicated to being a leading African focused exploration company.
FAR has a deep and diversified pipeline of projects that vary from entry level positions in blocks with strong farm-out potential to high impact drill ready projects. The Company is well funded to advance significant exploration programs and could potentially drill five wells in the next 18 months.
In West Africa, FAR is the broadest holder of licenses of any ASX listed entity with drill ready prospects in Senegal, Guinea Bissau and the AGC Profond. FAR’s recent acquisition of Flow Energy has strengthened its African focus, gaining entry to the fast emerging oil and gas province of Kenya, East Africa. FAR also holds acreage surrounded by proven petroleum systems in Western Australia.
Incorporated in Western Australia in 1984 as First Australian Resources NL, the Company became a listed public entity in 1985. In recognition of its shift from its exploration roots in Australasia and the Gulf of Mexico, the Company changed its name to FAR Limited in 2010. In November 2011, FAR finalized its takeover of Flow Energy Limited.
FAR’s mission is to reward shareholder investment as well as employee and partner support with continued growth and exploration success. http://www.far.com.au/