An update from FAR Ltd ( (AU:FAR) ) is now available.
FAR Limited reported its quarterly activities for March 2025, highlighting the Sangomar field’s exceptional production levels and a provisional contingent payment of US$11.5 million from Woodside Energy expected in May 2025. The company plans a capital return of 8 cents per share, subject to shareholder approval, aiming to deliver value to shareholders. Additionally, FAR is addressing a potential claim from Woodside Energy related to past expenditures, while maintaining discussions with relevant authorities.
More about FAR Ltd
FAR Limited operates in the energy sector, focusing on oil production and exploration. The company has been involved in projects such as the Sangomar field offshore Senegal, and its market focus includes managing and monetizing its energy assets.
YTD Price Performance: -12.72%
Average Trading Volume: 1,938
Technical Sentiment Signal: Buy
Current Market Cap: $29.61M
For detailed information about FAR stock, go to TipRanks’ Stock Analysis page.