FAR has said that the company is in progressing as in continuation of interpretation of the Davros Extension multiclient 3D survey, which has provided additional insight on the prospectivity of the block.

The according to the company as released in its first quarter 2021 0perational update , Further detailed analysis is ongoing as  gradual easing of the travel restrictions within Australia due to COVID, has enabled engagement in some farmout activities for WA-458-P. These activities will continue through second quarter of the year 2021.

Through its wholly owned subsidiary, Lightmark Enterprises Pty Ltd, FAR has a 100% interest in Petroleum Exploration Permit WA-458-P, which is in the prolific oil-producing Dampier Sub-basin along Australia’s North West Shelf

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