Oil Search wins Tunisia drill permit-officials

Sun Dec 9, 2007 6:33am EST
 
[-] Text [+]

TUNIS, Dec 9 (Reuters) - Tunisia awarded an oil and gas exploration permit to Australia's Oil Search Ltd (OSH.AX), government officials said on Sunday.

Under a 4-1/2 year licence, Oil Search, in partnership with Tunisian state oil firm Societe Tunisienne des Activites Petrolieres (ETAP), will invest $8 million to drill one well, they added. The exploration area of 4,852 sq km straddles the two northwestern provinces of Kef and Siliana. (Reporting by Tarek Amara; Editing by Paul Bolding)

 

Companies In This Article

Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better