Australian oil and gas explorer FAR Ltd., which has a strong African footprint, said new drilling started in a survey of a bright spot off the coast of Senegal. FAR said it started drilling a new appraisal well , SNE-5, in the SNE complex off the Senegalese coast. The company said information taken from the new appraisal program will help “fine-tune” the concept for full field development. “This area represents one of the world’s most attractive emerging basins for oil and gas exploration,” Managing Director Cath Norman said in a statement. The company estimates the SNE field could hold up to 641 million barrels of oil. Its development comes as the energy sector rebounds alongside crude oil prices and FAR, […]