Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/africa-hydrocarbons-gets-one-year-extension-in-tun.shtmlAfrica Hydrocarbons gets one-year extension in TunisiaAfrica Hydrocarbons Inc. announce the Hydrocarbon Committee in Tunisia has now
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Edit page New page Hide edit links Africa Hydrocarbons Inc. announce the Hydrocarbon Committee in Tunisia has now formally approved a one-year extension to April 29, 2014. As previously announced in February, the Operator (DualEx Energy International Inc) and the Tunisian state oil company, Entreprise Tunisienne d'Activités Pétrolières (ETAP), applied for a one-year extension of the first exploration period of the Permit due to the possibility that the BHN-1 well would not be completed by the original expiry date of April 29, 2013. The Operator reports that rig move and rig-up of the CTF-6 drilling rig is ongoing at the Company's BHN-1 exploration well site on the Bouhajla permit. Drilling is anticipated to start immediately after rig-up is completed, and will be announced by the Company on or near the spud date. The BHN-1 well will be drilled on the Bouhajla North prospect to a planned total depth of 2545 metres to evaluate a Cretaceous Abiod target, analogous to the Sidi el Kilani field twenty-five kilometers to the east. The well is expected to take four to six weeks to reach total depth. |