FARs African story is ready to unfold Good Oil Conference September 2013 Ben Clube
Our Company Australian junior oil and gas explorer Capital Structure Listed on Australian Securities exchange ASX: FAR Shares on issue 2,499,846,742 Share price (at 9 Aug 2013) A0.044 Diversified African asset base Market…
FAR Board Nicholas Limb Geophysicist and investment banker Non-Executive Chairman 15 years as MD/Chairman of an ASX listed, international mining company, Australia. Appointed 2012 10 years in Financial services with May and Mellor and…
East and West Africa Emerging oil and gas provinces Senegal Kenya Nine exploration licences in three countries Unexplored frontier Exciting frontier Billion barrel potential Large equity positions 31,400km2 combined area Combined best…
Offshore West Africa Strong acreage position in Senegal, AGC Profond & Guinea Bissau
Senegal Farm in deals recently signed to drill 2 wells H1 2014 RUFISQUE, SANGOMAR & SANGOMAR DEEP OFFSHORE 16.7% paying interest, 15% beneficial interest Partners are Cairn Energy (40%) and (on conclusion of farm-out and Government…
Senegal: Prospects and Leads Petroleum system established Rufisque Dome World class Turonian and Cenomanian source rocks Drilling shelf edge and deepwater fan 550 million barrels1 oil shelf prospect 900 million barrels1 deepwater…
Senegal: North Fan Prospect West East Approximate North North Approximate Fan WellFan location Well location 9
Guinea-Bissau and AGC One block in AGC, three blocks offshore Guinea Bissau BLOCKS 2, 4A & 5A AGC PROFOND Large permit area 15,000 km2 15% interest 8.8% interest Shallow water (60m) Operator: Svenska Petroleum Operator: Ophir Energy…
East Africa Large equity in fast emerging oil and gas margin
Offshore Kenya Large acreage position in fast emerging Lamu basin BLOCK L6 BLOCK L9 100TCF recoverable gas discovered in the last 60% interest 30% interest three years in Rovuma Basin to south Operator: FAR Limited Operator: Ophir…
Kenya Block L6 BLOCK L6 BLOCK L9 FAR operator with 60% interest 60% interest 30% interest 3.7 billion bbl1 oil potential in block Operator: FAR Limited Operator: Ophir Energy PLC High quality prospects identified on new 3D (130-330…
Kenya Block L6 : Prospects and leads Maridadi-1 Oil Sample Miocene Reefs Kudu Updip Miocene fans Kipini Eocene clastics Cretaceous clastics Chui 2D Prospect 3D Prospect Nyati SW Kifaru West Kifaru NE Nyati West…
Kenya: Community relations Mark Jenkins addressing a local community along the coast Community awareness program, coast of Kenya Locating the Kipini-1 wellhead Collecting data for the Environmental Impact Assessment 16
Timetable of events 2013 2014 SENEGAL Drill Planning Drilling Drilling Evaluation of Drilling Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Apache/BG/Afren Wells KENYA Farmout Drill Planning Drilling…
FARs African story is ready to unfold Two major farm out deals completed Drilling two wells offshore Senegal early 2014 with ConocoPhillips and Cairn Energy Drilling end 2014 offshore Kenya following Anadarko, BG, Apache and Afren…
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