Imminent arbitration against Woodside unlikely to affect FAR’s fundraising for Sangomar
Listed on the Sydney stock exchange, the junior oil company will raise more than half a billion dollars in capital and debt to finance its share in the Senegalese offshore project led by the Woodside group with which it is in dispute.
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▪ Imminent arbitration against Woodside unlikely to affect FAR’s fundraising for Sangomar
▪ Listed on the Sydney stock exchange, the junior oil company will raise more than half a billion dollars in capital and debt to finance its share in the Senegalese offshore project led by the Woodside group with which it is in dispute.
▪ https://www.africabusinessplus.com/en/801506/grosse-levee-de-fonds-de-laustralien-far-pour-le-petrole-de-sangomar-au-senegal/
The Perth-based independent oil company FAR Ltd is turning to the markets, for capital, and banks, for debt, to finance its 13.67% share in Senegal’s largest project, Sangomar (formerly SNE). The country’s first offshore exploration project is located at the southern point of the Petite Cote, 100 kilometres south of Dakar.
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