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FAR Ltd launches equity raising, Bell Potter on ticket

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Oil and gas explorer FAR Ltd has launched a $146 million equity raising to fund its development of an oil field in Senegal.

FAR Limited's mooted equity raising has been met with scepticism by some investors and analysts.  Peter Braig

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column. Connect with Tim on Twitter. Email Tim at tim.boyd@afr.com

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Original URL: https://www.afr.com/street-talk/far-ltd-launches-equity-raising-bell-potter-on-ticket-20191210-p53igo