Robust development economics for SNE oil field, Senegal
Filed with ASX · · 29 pages · English
SNE, the world’s largest conventional oil discovery in 2014, is today recognised as a global tier one oil field with 2C oil resources in excess of 640 mmbbls¹. The project will deliver FAR a net 13,670 bbls/d of oil production at US$$11 bbl OPEX. The unlevered project internal rate of return (IRR) is in excess of 30%2. FAR and the JV partners believe the robust economic returns for SNE has the pot
Earlier from FAR
- Potential for 1.2 billion barrels of oil offshore The Gambia
- FAR obtains additional 10% interest in Gambian blocks
- Investor Presentation - RIU Good Oil Conference
- FARs response to The Australian article
- Pause in trading
Later from FAR
- Financing update for the SNE field development
- Development and Exploitation Plan submitted for Senegal
- Equity raising to finance Sangomar Phase 1 Presentation
- Security Purchase Plan
- Sangomar Field Development, FID and Financing Update
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