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Senegal oil drilling provides boost for explorer FAR

2016-01-05 09:33:50| Oil & Gas - Topix.net

Junior explorer FAR's latest drilling offshore Senegal site reveals oil flows that both venture partners and analysts say should be commercial at long-term oil prices. The better-than-expected results from the SNE-2 well drilled about 100 kilometres off the coast of the west African nation lifted the shares of venture operator Cairn Energy in London overnight, and have also buoyed FAR shares in Sydney on Tuesday.

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