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Far Provides Senegal Drilling Update

11 Jul 2017  |  16:21:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Senegal Drilling Update FAN South-1 & SNE North

Far announced that the FAN South-1 exploration well offshore Senegal has reached total depth and wire line logging is completed. Oil was discovered and oil samples were obtained from lower Cretaceous reservoirs. Further work is being undertaken to integrate this discovery with the results of the FAN-1 well to establish the potential commerciality of these deep water, basinal resources. The well is the tenth well to be drilled offshore Senegal and the fourth in the current drilling campaign. The rig performance continued to be excellent and operations have been completed ahead of schedule and under budget following drilling and wire line logging operations. The rig will move to the SNE North-1 location to drill into the Sirius Prospect.

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