FAR Looks for Extension in Kenya

Thursday, November 1, 2018

During Q3 FAR Ltd. submitted a request to Kenya’s Ministry of Petroleum and Energy for a further non-operations extension to the current Permit Year for the L-6 block. The JV continues to be prevented from gaining land access across vital areas of the onshore block, which has indefinitely suspended the start of the onshore work program.

While FAR awaits Ministerial approval for the current extension request, 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.

In related news, Pancontinental Oil and Gas remains in default under the terms of the joint operating agreement on payments to FAR.

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