FAR Limited’s stake in the Sangomar Exploitation Area offshore Senegal has decreased, with state-owned Petrosen increasing its interest, as the troubled Melbourne explorer perseveres in selling part or all of its interest in the stake to preserve cash.
Petrosen has increased its stake in the area from 10% to 18% which means FAR's stake has fallen from 15% to 13.
From Far King of Senegal to Gambia: shareholders vote no
The future of frontline operations
The future of frontline operations
