Articles On FAR Ltd (ASX:FAR)

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Namibian oil explorer Pancontinental Enegy could be on the verge of big things, says broker Namibian uranium stock Bannerman also got big price target  Pancontinental could double on Namibian offshore drill Broker Euroz Hartleys has init...

  The S&P 500 advanced Wednesday for a four-day winning streak, as investors assess new US economic data. The broad-market index climbed 0.38 per cent, surpassing the 4,500 level, to close at 4,514.87. The Dow Jones Industrial Average a...

FAR (FAR) subsidiary FAR Gambia purchases an additional 50 per cent interest in two blocks in The Gambia, taking its interest to 100 per cent Now that it has a total working interest in blocks A2 and A5, FAR will undertake a geoscience rev...

ASX Emerging Companies (XEC) index has closed 0.8% lower on Thursday Monday winners: Australian Vanadium Limited (ASX:AVL), Roots Sustainable Agricultural Technologies (ASX:ROO)  Monday losers: Hawsons Iron Ore (ASX:HIO), Icannex Healthcar...

FAR (FAR) Managing Director Catherine Norman has been terminated from her role and has resigned as a Director of the company The change is effectively immediately with independent Chairman Patrick O’Connor to oversee the business during a...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Mining stocks steered the ASX lower as Chinese Covid lockdowns and tentative optimism about Russia-Ukraine peace talks sapped recent gains in commodity prices.   The S&P/ASX 200 declined 52 points or 0.72 per cent. Bulk metals maj...

FAR (FAR) begins steps to withdraw its interest in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea Bissau The company said it has provided its notices to withdrawal to the Government of Guinea Bissau and operator Petron...

Aussie shares retreated as declines in commodity prices weighed on miners and energy producers. The S&P/ASX 200 eased 56 points or 0.79 per cent by mid-session. Gains in banks, industrials and property stocks were outweighed by sh...

Highlights The benchmark ASX 200 was trading 0.28% down to 7,115.6 in the first 15 minutes of trading on Tuesday. US Treasury yields surged past a two-and-a-half-year high on Monday. Commodity prices retraced on Monday as investors we...

ASX to fall, Nasdaq shaves another 2% Wall Street was mainly lower overnight, as the tech heavy Nasdaq index slipped another 2% following its 2% fall on Friday. The S&P 500 index also closed lower by 0.74%, while the Dow finished flat....

Highlights The Ukraine crisis is the major factor behind oil supply shortages, which has led to Brent crude touching the highest level since 2014. PCL, May and FAR are three ASX oil companies’ stocks that are trading less than a dollar...

FAR (FAR) says a review of the prospectivity of the A2 and A5 blocks offshore The Gambia points to a “prolific oil source” It comes after completion of the Bambo drilling campaign at its Gambia project in late 2021 The company says drillin...

Wall Street down ahead of long weekend Queen Elizabeth has reportedly tested positive for COVID-19, but doctors say she is in good spirits with only minor symptoms. To the markets, and the standoff between Russia and Ukraine continues to ca...

Shareholder in oil and gas explorer FAR Limited (FAR), Meridian Capital International Fund (MCIF), rejects a takeover bid offer made by Samuel Terry Asset Management Samuel Terry made a conditional off-market takeover offer bid to acquire...

Highlights The ASX 200 was trading 0.08% up at 7,077.4 in the first 15 minutes of trading. Wall Street benchmark indices closed in the negative territory on Thursday amid Meta Platforms' historic rout. Boral shares are down over 41% o...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

The ASX200 has vacillated all of Monday in a whiny, unattractive way for a major global index. Like a Kardashian (name one) unable to get out of bed, the heavyweight financial names and the major miners are just dragging everyone lower, dow...

Embattled oil and gas business FAR Limited (FAR) receives a takeover offer from investment firm Samuel Terry as company shares continue to slip Samuel Terry says it plans to offer 45 cents per share for at least 50.1 per cent of FAR, repre...

Welcome back to Hot Money – 2022 edition. The weekly Stockhead article recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting t...

The share market managed a third straight gain but closed off session highs as investors reduced exposure in the last full trading session before the Christmas break. The S&P/ASX 200 finished with a rise of 23 points or 0.3 per cent...

The ASX picked up from where it left off yesterday with another positive trading day. The ASX 200 rose 0.31% to close at 7,388 points, which puts it up 1.26% in the past week and 2.1% in the month of December. Most sectors except tech gaine...

The S&P/ASX 200 Index (ASX: XJO) is on course to record another gain. In afternoon trade, the benchmark index is up 0.35% to 7,391.6 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s wh...

FAR Limited (FAR) has concluded the drilling and formation evaluation operations for the Bambo-1ST1 well offshore from The Gambia Bambo-1 was initially drilled to a depth of 3216 meteres MDBRT whilst obtaining wireline logging data and the...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

FAR (FAR) expects the final cost of drilling the Bambo-1 well will increase by $9.87 million (A$14.07 million) amid a series of delays The energy stock had to temporarily halt drilling at 3216 metres after significant fluid losses were exp...

FAR Gambia, a subsidiary of FAR (FAR), begins drilling on the Bambo-1 exploration well in Block 2A off the coast of Gambia The Bambo-1 well is planned to be drilled to a depth of roughly 3400 metres with drilling expected to take 30 days...

Wall Street was lower for the week US stocks rebounded on Friday, but finished the week lower after an inflation data-triggered selloff on Wednesday. All three US stocks benchmarks rose, led by tech – the Dow Jones by 0.5%, the S&P 500...

The FAR Ltd (ASX: FAR) share price is one of the worst performers on the Australian share market on Monday. In afternoon trade, the oil and gas explorer’s shares are down a massive 50% to 75 cents. Why is the FAR share price crashing today...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Investors may be wondering what’s going on with the FAR Limited (ASX: FAR) share price on Friday. This morning, trading platforms show that the oil and gas explorer’s shares are up a whopping 12,000% to $1.32. To put that in context, if yo...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

A cold winter, an outage at the Langford gas plant and high international gas prices have conspired to send Victorian spot gas prices up to $20 per gigajoule, the highest price since 27 June 2016. It’s not any easier for the rest of Austral...

Summary The ASX 200 traded higher in the opening trade even as the US shares ended lower overnight. By 10:30 AM (AEST), the benchmark was trading at 7,391.50, up 0.16%. The US investors awaited the Federal Reserve’s monetary policy st...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

While there appeared to be several winners out of Budget 2021, few of them were on the ASX. The ASX 200 fell for the second day in a row losing 0.73 per cent to close at 7,045 points. Meanwhile the ASX Emerging Companies Index fell 0.51 per...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Source: Enjoy The Life, Shutterstock Summary ASX 200 increased 0.8% on Friday, however it edged lower Monday morning with a decline of almost 33% following the quarterly rebalance announcement. ASX 200 saw 6 new companies being added...

The Woodside Petroleum Limited (ASX: WPL) share price is edging higher today after the company announced it has completed the Sangomar acquisition. At the time of writing, the energy giant’s shares are up 0.85% at $22.51. Quick take on the...

The Woodside Petroleum Limited (ASX: WPL) share price is edging higher, up 0.57% in early afternoon trading. This morning’s gains bring Woodside’s share price up 31% since crude oil prices started to rally on 1 November. That compares to a...

A quick wrap of the ASX’s key winners and losers on Tuesday, July 28. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 601 stocks rose, 779 declined and 72...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Pancontinental and its subsidiary Afrex Ltd have reached agreement to settle this long-standing matter with FAR.