** Shares of Far Ltd FAR.AX rise 12.6% to A$0.49, their biggest intraday percent gain since February 16, 2024
** The oil and gas explorer says that Australia's no.1 independent oil and gas major Woodside Energy WDS.AX will make a provisional 2024 Contingent Payment of $11.5 million, as part of an agreement
** Payment expected to be received in May
** Co also flags that it also intends to seek approval for a proposed capital return to shareholders of 8 Australian cents per share
** YTD, shares down 7.6%
(Reporting by Nichiket Suni in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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