Petroleum Africa
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Thursday, September 14, 2017
FAR Ltd. has taken umbrage with an article published by Upstream titled “Cap and Far dispute enters Dakar court” and issued a statement on September 13 in response to it.
In the statement FAR said: 1. FAR has not appeared, nor been requested to appear, in any court in Dakar 2. FAR and CAP have not met regarding any alleged dispute 3. CAP has not served FAR with any papers to sequester FAR’s assets in Senegal 4. The contractual relationship with CAP is not material.
FAR is taking the publication of this story by Upstream seriously and is investigating further their motives behind publishing this story.
FAR remains in compliance with its disclosure obligations under ASX listing rules.
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