FAR Ltd (ASX:FAR): announcements explained, share price and valuation

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

4 Jan 2006drilling scheduled● Neutral

Partner Sun Resources says the rig is being serviced and should be rigging up at Eagle North-1 (California) within a week. FAR holds 15% of the Eagle Oil Pool, where mean recoverable reserves are indicated at 13.5 million barrels of oil.

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