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FAR Retains Up to US$19.8 Million in Sangomar-Linked Payment Potential
9:07am on Friday 23rd of October, 2026 AEDT
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Oil and Gas
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FAR Retains Up to US$19.8 Million in Sangomar-Linked Payment Potential
9:07am on Friday 23rd of October, 2026 AEDT
Key Points
Up to US$19.8 million remains under FAR’s Sangomar-linked contingent payment
Woodside reported Sangomar production of 94,000 barrels per day in the September quarter
FAR held US$1.73 million in unaudited cash at quarter-end
Estimated funding runway stood at 6.61 quarters based on current operating outgoings
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