Middle East Economic Survey
VOL. XLVIII
No 46
14-November-2005
tunisia
Mitsubishi Farms In To Candaxs Chaal Permit
Japans Mitsubishi Corp has farmed in for a 20% working interest in Candaxs onshore Chaal Permit in Tunisia, the Toronto-based firm announced on 28 October. Candax acquired the permit in April (MEES, 11 April) and is operator of the license with a 60% holding. Drilling in the 1,200 sq km concession is due to commence in December in the Ali Ben Khalifa discovery well area where tests...
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