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FAR opts to keep future Senegal payment and embarks on Gambian assets farm-out

FAR has decided to retain the Woodside Contingent Payment within the company and seeks farm-out options or outright sale of Gambian assets.

Gambia: FAR to retain Woodside Contingent Payment for Senegal asset and seeks farmout of its Gambia licences

FAR has determined that retaining the Woodside Contingent Payment for its Senegal asset within FAR is more effective than demerging the payment into a new entity. FAR is now focused on strategies to maximise the value of its exploration portfolio in The Gambia, including farm-out options or outright sale.

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