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Carthago reports Medjerda permit farm-in opportunity


Published May 31, 2010
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Carthago Oil Company Tunisia, on behalf of Range Petroleum Ltd and Malta Oil Pty Ltd on a non-exclusive basis and without being their respective agent, is offering a farm in opportunity to earn a Participating Interest in the PSC covering the Medjerda permit in northern Tunisia. The offer is made on the basis of a farm in partner acquiring working and paying interests ranging between 65% and 90% along with possibility of operatorship.

The permit is situated in area characterised by the presence of several oil seeps it belongs to the Alpine Thrust Belt, extending southwards from the straits of Sicily across Northern Tunisia and Algeria to the Moroccan Rif.

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