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FAR Ltd ( (AU:FAR) ) has provided an announcement.
FAR Limited reported significant developments in its June 2025 quarterly activities, highlighting a provisional contingent payment of US$11.5 million from Woodside Energy related to the sale of its interest in the RSSD Project. The company also addressed an indemnity claim by Woodside for US$6,029,899, which is under negotiation. Additionally, FAR executed a capital return of 8 cents per share, distributing approximately A$7.4 million to shareholders, and received a favorable tax ruling from the Australian Taxation Office. The company’s cash balance at the end of the quarter stood at US$8.2 million, reflecting its financial maneuvers during the period.
More about FAR Ltd
FAR Limited operates in the energy sector, focusing on oil and gas exploration and production. The company was involved in the RSSD Project in Senegal, which includes the Sangomar Field, and has financial dealings with Woodside Energy.
Average Trading Volume: 50,472
Technical Sentiment Signal: Buy
Current Market Cap: A$37.89M
For detailed information about FAR stock, go to TipRanks’ Stock Analysis page.