{"id":2488,"date":"2019-10-28T17:36:51","date_gmt":"2019-10-28T17:36:51","guid":{"rendered":"https:\/\/www.africa-press.com\/gambia\/?p=2488"},"modified":"2019-10-28T17:36:51","modified_gmt":"2019-10-28T17:36:51","slug":"offshore-gambian-blocks-could-hold-1-2-billion-barrels-far","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far","title":{"rendered":"Offshore Gambian blocks could hold 1.2 billion barrels \u2013 FAR"},"content":{"rendered":"<p><strong>Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in The Gambia could potentially hold 1.2 billion barrels of oil.<\/strong><\/p>\n<p><strong>FAR, which operates and owns 50% of the two offshore licences, said it was entitled to about 62<\/strong>1 million barrels and was preparing to start drilling next year.<\/p>\n<p>Its assessment came weeks after the Melbourne-based company bought an extra 10% of the two blocks, raising its ownership to 50%. The deal gave PC Gambia, a unit of Malaysian state-owned energy giant Petronas, the remaining half.<\/p>\n<p>FAR was re-examining data for the A2 block to help it identify which prospect in the block to drill in 2020, Managing Director Cath Norman said. Under the licence agreement with the Gambian government, FAR agreed to drill one well in the first two years in either block. Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in The Gambia could potentially hold 1.2 billion barrels of oil. FAR, which operates and owns 50% of the two offshore licences, said it was entitled to about 621 million barrels and was preparing to start drilling next year. Its [&hellip;]<\/p>\n","protected":false},"author":64,"featured_media":2489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,7,8],"tags":[1065,1492],"class_list":["post-2488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-head-lines","category-homepage-english","tag-gambia-news-everyday","tag-offshore-gambian-blocks-could-hold-1-2-billion-barrels"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Offshore Gambian blocks could hold 1.2 billion barrels \u2013 FAR - Gambia<\/title>\n<meta name=\"description\" content=\"Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in The Gambia could potentially hold 1.2 billion barrels of oil.FAR, which operates and owns 50% of the two offshore licences, said it was entitled to about 62\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Offshore Gambian blocks could hold 1.2 billion barrels \u2013 FAR\" \/>\n<meta property=\"og:description\" content=\"Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in The Gambia could potentially hold 1.2 billion barrels of oil.FAR, which operates and owns 50% of the two offshore licences, said it was entitled to about 62\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-28T17:36:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/2019\/10\/gambia-664x351.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"664\" \/>\n\t<meta property=\"og:image:height\" content=\"351\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"adama\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adama\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\"},\"author\":{\"name\":\"adama\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/a7488a69bb91ed4cb95c78165665a7c2\"},\"headline\":\"Offshore Gambian blocks could hold 1.2 billion barrels \u2013 FAR\",\"datePublished\":\"2019-10-28T17:36:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\"},\"wordCount\":142,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/2019\/10\/gambia-664x351.jpg\",\"keywords\":[\"gambia news everyday\",\"Offshore Gambian blocks could hold 1.2 billion barrels\"],\"articleSection\":[\"all news\",\"community\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/offshore-gambian-blocks-could-hold-1-2-billion-barrels-far\",\"name\":\"Offshore Gambian blocks could hold 1.2 billion barrels \u2013 FAR - 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