Far Shareholders Approve Sale of Senegal RSSD Project to Woodside

Source Press Release
Company FAR LimitedONGC Videsh LimitedWoodside Petroleum Limited 
Tags Asset Deals, Deals, Upstream Activities
Date April 28, 2021

FAR Limited has advised that at the General Meeting of FAR shareholders held April 28 and adjourned from 15 April 2021, shareholders approved the sale of the Company’s Senegal RSSD project to Woodside.

The results of the vote on Resolution 1: 'Disposal of Interest in the RSSD Project' were as follows: 

For: 97.25% 

Against: 2.75%.

FAR will continue to work with Woodside and seek to finalise the remaining condition precedent and completion tasks for the sale.

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Source: EvaluateEnergy® ©2021 EvaluateEnergy Ltd