An application has been submitted for a one year extension on the Ksar Hadada hydrocarbon exploration permit by Independent Resources.
The company said the request had been made by Tunisia’s national oil company, Entreprise Tunisienne d’Activités Pétrolières.
The application is expected to be heard by the Comité Consultatif des Hydrocarbures later this quarter and if successful the extension will run from the current expiry date until 7 August 2017.
Greg Coleman, chief executive, said:”We have been engaged in ongoing discussions with ETAP in order to prepare our application for the extension and to advance our scope to target the exploration potential we see in the Acacus.
“We believe the proposed work programme offers greater potential to complete a successful exploration programme on the permit and look forward to receiving CCH approval in order to progress discussions with potential farm-in partners.”