“The operator has requested that further data reporting be limited until such time as the well has been drilled to total depth and evaluated at which point the operator proposes to make data available for release to the market,” said a FAR statement.

The well was currently waiting on cement prior to drilling ahead from the liner point at 11,000 feet to evaluate deeper objectives between 12,000 and 13,500 feet.

FAR is paying 11.25%of the drilling and completion cost of the first well (the Vaquero-1) to earn a 9% working interest in all wells drilled within the 100 acre area of mutual interest FAR is exploring.