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FAR Limited
| 2015 Annual General Meeting | Catherine Norman | Page 13 of 11 |
May 15, 2015
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FAR Limited
| 2015 Annual General Meeting | Catherine Norman | Page 13 of 11 |
May 15, 2015
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"2015 Annual General Meeting"
May 15, 2015
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13 • Oil discovery announced 7 Oct 2014 • 100km offshore in the Sangomar Deep block • 1,427m water depth/TD of 4,927m • Stacked deepwater Cretaceous sands • Oil gravity 28-41 degrees API • Gross oil bearing interval >500m • No oil-water contact encountered • Net oil 29m encountered in the Albian • Proved prolific source • Proved migration model up dip and derisked SNE pre-drill FAN-1 oil discovery Operator STOIIP (in place) resource for FAN-1 P90 250 mmbbls P50 950 mmbbls P10 2,500 mmbbls North Fan complex FAN (Beer prospect)
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