{"id":1866,"date":"2014-10-06T09:13:48","date_gmt":"2014-10-06T08:13:48","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1866"},"modified":"2015-09-07T13:38:12","modified_gmt":"2015-09-07T13:38:12","slug":"far-ltd-announces-trading-halt-ahead-of-major-announcement","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-announces-trading-halt-ahead-of-major-announcement\/","title":{"rendered":"FAR Ltd announces trading halt ahead of major announcement"},"content":{"rendered":"

The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today at the request of the Company, pending the release of an announcement by the Company.<\/p>\n

Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday, 8 October 2014 or when the announcement is released to the market.<\/p>\n

FAR has interests in Senegal, Guinea Bissau and the AGC Profond in West Africa while in East Africa the company has interests in blocks L6 and L9 in the Lamu basin.<\/p>\n

In offshore block L6 the company is currently progressing a farm out initiative for drilling an offshore well with the process expected to be complete by the end of this month\u00a0with drilling set to for\u00a0December 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"

The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today at the request of the Company, pending the release of … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[88,193,205,313,316,869,1054,1252,2283],"class_list":["post-1866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-agc-profond","tag-asx","tag-australian-stock-exchange","tag-block-l6","tag-block-l9","tag-far-ltd","tag-guinea-bissau","tag-kenya","tag-senegal","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/far-ltd.png?fit=640%2C428&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-u6","jetpack-related-posts":[{"id":1529,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-delays-2d-seismic-acquisition-in-kenyas-block-l6-over-security-concerns\/","url_meta":{"origin":1866,"position":0},"title":"FAR Ltd delays 2D seismic acquisition in Kenya\u2019s Block L6 over security concerns","author":"Samuel Kamau Mbote","date":"July 31, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] FAR has said it has delayed a planned onshore well and an onshore 2D seismic survey and associated processing and interpretation in Northern part of coast Kenya due to insecurity in the area. According to a statement from the company the operations which were to start in June\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/far-blocks.png?fit=301%2C273&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1794,"url":"https:\/\/www.oilnewskenya.com\/index.php\/otto-energy-requests-trading-halt-ahead-of-major-announcement\/","url_meta":{"origin":1866,"position":1},"title":"Otto Energy requests trading halt ahead of major announcement","author":"Samuel Kamau Mbote","date":"September 18, 2014","format":false,"excerpt":"The securities of Otto Energy Limited will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless the Australian Stock Exchange (ASX) decides otherwise, the securities will remain in Trading Halt Session State until the earlier of\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/otto-energy_final.jpg?fit=292%2C226&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8598,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-provides-update-for-senegal-gambia-guinea-bissau-and-kenya\/","url_meta":{"origin":1866,"position":2},"title":"FAR Provides Update for Senegal, Gambia, Guinea-Bissau and Kenya","author":"","date":"July 16, 2020","format":false,"excerpt":"Senegal Rufisque, Sangomar and Sangomar Deep (RSSD) (FAR 15% Working Interest) Over the past three months, the Operator has been undertaking a program to rescope, reschedule and reprice the Sangomar Field Development project in order to reduce capital expenditure to ease the pressure on financing or the development. As previously\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/FAR.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1241,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-to-reduce-its-stake-to-under-25-in-kenyas-block-l6\/","url_meta":{"origin":1866,"position":3},"title":"Far to reduce its stake to under 25% in Kenya\u2019s block L6","author":"Samuel Kamau Mbote","date":"June 17, 2014","format":false,"excerpt":"Australian explorer which has a 60 percent equity position and operates block L6 and a 30% equity position in the L9 block in Lamu may be looking into reducing their stake in Block L6 to less than 25 percent. According to Bloomberg FAR has already started to share its data\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-l6.jpg?fit=900%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-l6.jpg?fit=900%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-l6.jpg?fit=900%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-l6.jpg?fit=900%2C720&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1760,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-receives-term-extension-in-kenyas-block-l6\/","url_meta":{"origin":1866,"position":4},"title":"Far Ltd receives term extension in Kenya\u2019s Block L6","author":"Samuel Kamau Mbote","date":"September 12, 2014","format":false,"excerpt":"Australian explorer Far Ltd has announced that it has received a 1 year extension in the PSC term of Block L6 after the company delayed planned activities Government of Kenya due to the inability to access the ground to complete planned seismic operations because of security incidents in the country.\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2380,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenyas-block-l6-farmout-pushed-further-to-late-2015\/","url_meta":{"origin":1866,"position":5},"title":"Kenya\u2019s Block L6 farmout pushed further to late 2015","author":"Samuel Kamau Mbote","date":"January 30, 2015","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Block L6 operator Australian explorer Far Ltd has said it does not expect a farmout deal on the northern extent of the block until late in 2015. 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