{"id":7209,"date":"2018-10-31T07:57:28","date_gmt":"2018-10-31T07:57:28","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=7209"},"modified":"2018-10-31T07:57:28","modified_gmt":"2018-10-31T07:57:28","slug":"far-ltd-secures-24month-esia-license-renewal-kenyas-block-l6","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-secures-24month-esia-license-renewal-kenyas-block-l6\/","title":{"rendered":"FAR Ltd Secures 24 month ESIA License Renewal For Kenya\u2019s Block L6"},"content":{"rendered":"

Australian explorer FAR has reported that it has secured a 24-month renewal to the existing Environmental and Social Impact Assessment License in effect across the onshore areas of Block L-6 from the Ministry of Petroleum and Energy.<\/p>\n

This renewal comes even as the company continues to seek another non-operations extension to the current Permit Year with a request submitted to the Ministry of Petroleum and Energy during the quarter.<\/p>\n

In August the company said it has terminated<\/a> farm-in negotiations with Milio international in regards to Block L6 due to the enduring land issues that have stopped land access in the Kipini Conservancy leaving the explorer with costs associated with a proposed onshore well and an onshore 2D seismic survey and associated processing and interpretation.<\/p>\n

According to the operator which\u00a0suspended<\/a>\u00a0activity within the block earlier this year citing insecurity the land access factor was the prevailing factor leading to the collapse of the talks and efforts to negotiate an alternative farm-in agreement could not be reached.<\/p>\n

In 2012, FAR completed a 778 kilometres\u00b2 3D seismic survey over the L6 permit offshore Kenya. The survey was conducted by Fugro Geoteam and was completed within the approved budget and expected schedule. Combined with existing 2D mapping, FAR has identified a number of hydrocarbon play types and prospects.<\/p>\n

Within the additional 3D coverage, FAR has matured three prospects (Tembo, Kifaru and Kifaru West) which have prospective resources of 327, 178 and 130 million barrels of oil (un-risked best estimate, 100% basis) respectively, or in a gas only success case, 807, 517 and 388 billion cubic feet of gas. The chances of a discovery of the three prospects have been assessed to be 21%, 19% and 18% respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

Australian explorer FAR has reported that it has secured a 24-month renewal to the existing Environmental and Social Impact Assessment License in effect across the onshore areas of Block L-6 … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7210,"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":true,"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":[26,313,7003,4581,869,1570,1584,1962],"class_list":["post-7209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-2d-seismic","tag-block-l6","tag-environmental-and-social-impact-assessment-license","tag-esia","tag-far-ltd","tag-milio-international","tag-ministry-of-energy","tag-pancontinental-oil-and-gas","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/10\/Block-L6.png?fit=664%2C545&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1Sh","jetpack-related-posts":[{"id":1760,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-receives-term-extension-in-kenyas-block-l6\/","url_meta":{"origin":7209,"position":0},"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":6277,"url":"https:\/\/www.oilnewskenya.com\/index.php\/insecurity-hampers-operations-kenyas-block-l6\/","url_meta":{"origin":7209,"position":1},"title":"Insecurity Hampers Operations in Kenya\u2019s Block L6","author":"","date":"September 8, 2017","format":false,"excerpt":"Australian explorer and block L6 onshore operator FAR Ltd has formally notified the Ministry of Energy & Petroleum in Kenya of a force majeure event over Block L6 according to its latest half year results communication to shareholders. The 14 July 2017 notification highlights challenges the company is facing in\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":1956,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-farmout-deal-in-kenyas-block-l6-unlikely-in-2014\/","url_meta":{"origin":7209,"position":2},"title":"FAR farmout deal in Kenya’s Block L6 unlikely in 2014","author":"Samuel Kamau Mbote","date":"October 27, 2014","format":false,"excerpt":"Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest is unlikely to happen in 2014. In the latest report FAR says the L6 farmout is likely to happen in early 2015 an extension from the earlier expected October date.\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":8147,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-jv-partners-to-exit-kenyas-block-l6\/","url_meta":{"origin":7209,"position":3},"title":"FAR, JV Partners to Exit Kenya\u2019s Block L6","author":"","date":"April 30, 2020","format":false,"excerpt":"FAR the block operator to Kenya\u2019s Block L6 and JV Partners , PanContinental Oil & Gas and its wholly owned subsidiary\u00a0Afrex\u00a0Limited have resolved to surrender the block according to an announcement by the Austalian company. FAR however says despite the resolve no resolution has been passed and discussions are underway\u2026","rel":"","context":"In "Eastern Africa"","block_context":{"text":"Eastern Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/eastern-africa\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6912,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-dialogue-kenya-2d-seismic-acquisition-block-l6\/","url_meta":{"origin":7209,"position":4},"title":"FAR in Dialogue with Kenya over 2D seismic acquisition on Block L6","author":"","date":"March 20, 2018","format":false,"excerpt":"Onshore Block L6 operator Australian explorer FAR says the company is in dialogue with the ministry as a result of the challenges the company faced in accessing land due to the ongoing security issues in Lamu County last year that hindered it to go ahead with a planned\u00a02D seismic acquisition.\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":593,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-and-milio-international-receive-exploration-licenses-in-kenya\/","url_meta":{"origin":7209,"position":5},"title":"CEPSA and Milio international receive exploration licenses in Kenya","author":"Samuel Kamau Mbote","date":"February 26, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] The ministry of energy and petroleum has licensed Compania Espanola de Petroleos (CEPSA) and Milio international of Dubai to explore for crude oil and gas in north western Kenya and at the coast. CEPSA will acquire 55 percent from EHRC in block 11A a block situated at the\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/blocks.jpg?fit=468%2C628&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=7209"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7209\/revisions"}],"predecessor-version":[{"id":7211,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7209\/revisions\/7211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7210"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}