FAR (ASX:FAR) said it expects to receive a provisional 2024 contingent payment of $11.5 million from Woodside Energy Group (ASX:WDS) in May, relating to FAR's sale of its interest in the Senegal-based Rufisque, Sangomar, and Sangomar Deep project, according to a Wednesday filing with the Australian bourse.
The final amount may change, with either party required to settle any difference after oil entitlement reconciliation with partners and the Senegalese government, the filing said.
The company also said a potential $6.8 million claim from Woodside remains under review, for which it does not admit liability but is retaining funds as a precaution, the filing added.
FAR plans to return about AU$7.4 million to shareholders via a proposed AU$0.08 per share capital return, subject to shareholder approval.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。