Middle East Economic Survey
VOL. XLVIII
No 14
4-April-2005
TUNISIA
Patch International Signs MOU With Tunisias Carthago Oil
Canadas Patch International on 17 March announced that it had signed a memorandum of understanding (MOU) with Carthago Oil Company Tunisia giving it the right to acquire 40% of the Medjerda Block in northern Tunisia by committing $4mn to fund a work program that includes drilling one well. A Patch statement said the company had until 30 April to sign a farm-in agreement and...
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