Settlement reached over cash calls for Kenyan block

Far Ltd and Pancontinental Oil & Gas settle dispute as both companies look to cut their losses and surrender the L6 Block

Kenya: Far and Pancontinental have settled a financial dispute as they look to exit their acreage which had previously been estimated to hold up to 3.7 billion barrels of prospective oil resources — Kenya: Far and Pancontinental have settled a financial dispute as they look to exit their acreage which had previously been estimated to hold up to 3.7 billion barrels of prospective oil resourcesPhoto: REUTERS/SCANPIX

Josh Lewis

Perth

Far Ltd Pancontinental Oil & Gas Kenya Milio International Group L6

Published 26 June 2020, 03:31Updated 26 June 2020, 03:33