Acquisitions and Divestitures News in Senegal

Capricorn Provides Senegal Update
10/4/2024 - Capricorn has been notified by Woodside Energy that the production condition under the sale and purchase agreement related to the disposal of its production sharing contract (PSC) interests in Senegal...
Senegal’s PETROSEN Seeks Farm-In Partners
3/8/2024 - With first commercial oil and gas production expected later this year, Senegal is seeking new exploration partners to unlock further discoveries in its sedimentary basin. Leading the sector is nationa...
Notice Received Under SPA with Woodside Energy
11/15/2023 - Capricorn Energy PLC announces that, on 14 November 2023, it received notification that Woodside Energy (“Woodside”) had received a notice from the Senegalese Tax Authority. The notice from the Senega...
Kosmos Energy Provides Yakaar-Teranga Update
11/6/2023 - Kosmos Energy Ltd. has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal. Th...
First Quarter Report for Period Ended 31 March 2022
4/26/2022 - Performance
• Delivered production of 22.3 MMboe, down 1% from Q4 2021.
• Delivered sales volume of 25.5 MMboe, including a 2% increase in produced LNG sales volume from Q4 2021.
• Av...
FAR Announces Q3 Activities Report
10/18/2021 - Highlights
- Completion of Senegal RSSD sale to Woodside and sale proceeds of US$126 million received
- Drilling of Bambo-1 well, offshore The Gambia, expected to commence 13 November
...
FAR Limited Announces Capital Return & Reinstatement of FAR’s Securities
7/22/2021 - FAR Limited provides the following company update.

Sale of Senegal RSSD completed
The Company announced on 7 July 2021 t...
Woodside Completes Sangomar Acquisition from FAR
7/7/2021 - Woodside Energy (Senegal) B.V. has completed the acquisition of the entire participating interest of FAR Senegal RSSD S.A. (FAR) in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore ...
Update on FAR RSSD Project Sale
5/31/2021 - FAR Limited has satisfied the condition precedent for the sale of its interest in the RSSD project to a member of the Woodside group relating to the termination of a third-party contract.

...
FAR Limited Announce Q1 Results of 2021
4/30/2021 - Highlights
- General Meeting held 28 April 2021, vote to sell Senegal RSSD to Woodside was passed
- Operator progressed Sangomar project execution with cutting of first steel for the FPSO ...
Shareholder Approval of Senegal RSSD Sale
4/28/2021 - FAR Limited advises that at the General Meeting of FAR shareholders held earlier today and adjourned from 15 April 2021, shareholders approved the sale of the Company’s Senegal RSSD project to Woodsid...
FAR Receives Takeover Offer from Remus Horizons
4/14/2021 - FAR Limited has received the accompanying letter from Remus Horizons advising its intention to make a takeover offer for FAR shares at 2.1 cents per share.

The proposed takeover is conditio...
Lukoil Proposal Not Proceeding
4/1/2021 - FAR Limited refers to previous announcements, including its 17 February 2021 announcement that it had received a conditional non-binding indicative proposal from PJSC Lukoil to acquire the shares of F...
Unaudited Financial Report for Year Ended 31 December 2020
3/30/2021 - FAR is utilizing the ASIC Relief and ASX Class Waiver for extended reporting deadlines and the dispatch of annual reports and will release its Annual Report including audited accounts and its Corporat...
FAR Signs RSSD Project Sale Contract with Woodside
1/20/2021 - FAR Limited has previously advised that Woodside Energy (Senegal) B.V. exercised its pre-emptive right to acquire FAR's interest in the Senegal RSSD Project.

On 19 January 2021 the FAR gr...
Cairn Energy Provides Pre-Close Update
1/20/2021 - Ahead of announcing its preliminary results for the year to 31 December 2020 on 9 March 2021, Cairn provides an update on its operations and trading performance together with guidance for 2021.
Woodside Completes Sangomar Acquisition from Cairn
12/23/2020 - Woodside Energy (Senegal) B.V. has completed the acquisition of Capricorn Senegal Limited’s (Cairn) entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshor...
Return of $250M to Shareholders Following Sale of Senegal Assets
12/17/2020 - Cairn is pleased to announce that all Government and third-party approvals required under the Sale and Purchase Agreement in relation to the sale of all of its interests in Senegal to Woodside have be...
Woodside Exercises Pre-Emption Right
12/4/2020 - FAR Limited has received notification from Woodside Energy (Senegal) B.V. (“Woodside”) that it has exercised its pre-emptive right to acquire FAR's interest in the Senegal RSSD Project. Such pre-empti...
Woodside Pre Empts FAR’S Sangomar Transaction
12/3/2020 - Woodside has given notice exercising its right to pre-empt the sale by FAR Senegal RSSD SA (FAR) to ONGC Videsh Vankorneft Pte Ltd (ONGC) of FAR’s entire participating interest in the Rufisque, Sangom...

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