FAR Ltd. says that the second appraisal well to be drilled on the SNE oil field, 100km offshore Senegal, has been re-entered and will now be drilled to planned total depth. The SNE-3 well, located approximately 3km south of the initial SNE-1 discovery well, will further evaluate the potential of the world-class SNE oil field.

The SNE-3 well follows the successful first appraisal well at SNE-2. SNE-2 successfully flowed oil at 8,000 bbls per day constrained and estimated at over 10,000 bbls per day on an unconstrained basis. SNE-2 appears to have the same high quality 32 degree API oil seen in SNE-1.

Tags: FAR Ltd