FAR Limited (ASX:FAR)
FAR Limited (ASX:FAR) is an Africa-focussed oil and gas exploration and development company with high value assets in West Africa and Australia.
In West Africa, FAR holds a portfolio of exploration licences in The Gambia and Guinea-Bissau. FAR also holds acreage surrounded by proven petroleum systems in the state of Western Australia.
Two world class, offshore oil discoveries; FAN-1 and SNE-1, were made by FAR in Senegal in late 2014 which have transformed FAR and underscored the global significance of its West African margin exploration leases.
Formerly First Australian Resources NL, the Company became a listed public entity in 1985 changing its name to FAR Limited in 2010.