DualEx Energy International Inc. has been advised by the Tunisian Ministry of Industry, Energy and Mines that the Company's application for a second one-year extension of the Bouhajla Permit has now been formally approved and the initial term has been extended to April 29, 2015. DualEx will now initiate the re-completion of the BHN-1 well, which had been on hold pending the extension approval.
The BHN-1 re-completion will entail pulling the existing production tubing from the wellbore and re-perforating the Abiod formation using a casing gun and deep penetrating charges, followed by selective acidization of the individual perforation intervals. It is expected that the rig contracted to undertake the re-completion will commence mobilization as soon as possible. The Company will issue a further update once the rig is on location and the operation has commenced.