In 2006, Malta and Tunisia signed a joint exploration agreement and the two countries had to map out the zones of the continental shelf were joint exploration could be carried out.
Last October, Leni Gas & Oil, one of the companies currently exploring for oil in Malta, has said that it is likely that there are around 5 billion barrels of oil in the area of exploration, of which almost 1.5 billion barrels would be recoverable.
Its latest quarterly report for 2008, the company said that no exploration work has been carried out since then, since the Maltese government is still discussing joint boundaries with Tunisia and Libya.
Source [
Di-ve]
Tunis, March 25, 2009- Prime Minister, Mr Mohamed Ghannouchi received on Wednesday the CEO of the American energy group “Pioneer Natural Resources”, Mr Scott Sheffield.
The meeting which hinged on cooperation perspectives between the American energy group and Tunisia, took place at the Prime Minister’s office at la Kasbah in Tunis.
Following the meeting, Mr Sheffield said that in partnership with the Tunisian Petroleum activities Company (ETAP), Pioneer is currently engaged in prospecting and extraction operations in four Tunisian sites located in the south of the country.
He pointed out that the first extraction site in the governorate of Tataouine, currently produces some 10,000 barrels per day.
Source [
Tunisia News Online]
Circle Oil (COP) has completed a 2D marine seismic acquisition programme in the Mahdia Permit offshore Tunisia. A total of 500.75 kilometres of infill full fold 2D seismic data has been acquired and will now be sent for processing.
Source [
Small Cap News]
