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Dragon Oil gets approval for Bargou permit farm-in


Published Apr 4, 2012
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Dragon Oil tests positive at Dzheitune 22/128

Cooper Energy has advised that the Conditions Precedent enabling Dragon Oil to become a full participating member of the Bargou joint venture in Tunisia are now all satisfied following approval of the Dragon farm-in from the Tunisian Hydrocarbons Consultative Committee. Following the approval, the Bargou Joint Venture comprises Dragon Oil 55%, Cooper Energy 30% and Jacka Resources 15%.

Operational Update - Hammamet West 3 (HW3) - Well services contract awarded

Preparations for drilling of the Hammamet West-3 well in the Bargou permit have progressed consistent with the plan with CE Tunisia Bargou Ltd awarding a contract for Well Management Services to AGR Petroleum (ME) Ltd - Dubai. The scope of the contract includes planning and executing drilling operations and post well activity. Drilling of the Hammamet West-3 well is targeted to commence in Q4 2012.

Tags: Cooper Energy, Dragon Oil Plc




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