Middle East Economic Survey

VOL. XLIX

No 23

5-Jun-2006

tunisia

Eurogas Announces Farm-Out Of Sfax Permit With Anadarko

Canadas Eurogas Corporation and Atlas Petroleum Exploration Worldwide on 26 May announced a farm-out option agreement with Anadarko for exploration on most of the Sfax offshore exploration permit, located in the Gulf of Gabes, of which they hold 45% and 55% respectively. The multi-phase agreement calls for Anadarko to acquire, process and interpret a transition zone 3D seismic...