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FAR Limited Secures US$23.7M Payment, Proposes A$32.3M Capital Return

8:32am on Monday 16th of March, 2026 AEDT Energy
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FAR Limited Secures US$23.7M Payment, Proposes A$32.3M Capital Return

8:32am on Monday 16th of March, 2026 AEDT
Key Points
  • Provisional 2025 contingent payment of US$23.7 million agreed with Woodside Energy
  • Payment relates to FAR’s 13.67% interest in Senegal’s Sangomar Project
  • Maximum future contingent payment reduced to US$19.8 million after provisional payment
  • Proposed capital return of 35 cents per share, approximately A$32.3 million
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