Wednesday, May 14, 2008

Independent Resources secures three-year renewal for Ksar Hadada

AIM-quoted Independent Resources has received confirmation that exploration rights on the Ksar Hadada oil and gas exploration permit in Tunisia have been extended for a further three years.

The extension follows the completion of work to acquire new seismic and well data which indicate that Ksar Hadada, located in south-east Tunisia, may contain several new prospects in addition to the Sidi Toui and Oryx structures previously known to be present.


Via [Small Cap News]