124
39
th
Annual Report
approval. A Candax subsidiary operates the fields, which produce a
combined 100 barrels per day from net proved and probable reserves
of 500 thousand barrels of oil equivalent. PA Resources working
interests are 13.6% in Ezzaouia and 23.9% in El Bibane
i
.
Tunisia’s Ministry of Industry & Energy has later approved the
application of DualEx to expand the Bouhajla permit by 120 sq km
of the original area (about 4,000 sq km) in return for a commitment
to record at least 20 sq km of 3D seismic. The expansion area is
located to the south of the company’s Bouhajla North prospect
ii
. ADX
Energy has also signed a Letter of Intent with DIETSWELL SA, for
the provision of a drilling rig to test the Sidi Dhaher-1 discovery,
in which the mean contingent oil in place resource were estimated
at 51 million barrels. The discovery is located in the 2,428 sq km
large Chorbane exploration permit near the port city of Sfax. It is
surrounded by several producing oil fields and extensive oil and gas
infrastructure
iii
.
In Q2 2012, Circle Oil PLC. received a written confirmation of
six- month extension for the 4
th
validity period of the Grombalia
Permit to 18 December 2012. The confirmation was received from
the Direction Générale de l’Energie.
iv
Canada-based CYGAMEnergy has also received an approval from
the Direction Generale de l
’
Energie for extensions to the company
’
s
two exploration permits in onshore Tunisia with no additional
commitments. The Bazma and Sud Tozeur interests are 100% owned
by the company.
i
Arab and International Energy Resources Monitor, year 32, 2012, No. 1.
ii
Oil and Gas Journal, 13/4/2012
iii
Oil Voice, 9/1/2012
iv
Oil Voice, 29/6/2012
