VOL. XLIV

No. 20

14-May-2001

TUNISIA

Anschutz Overseas Signs PSA For Chorbane Block In Tunisia

Colorado-based The Anschutz Overseas Corporation (TAOC) on 21 April signed a production-sharing agreement (PSA) with the Tunisian state oil company Entreprise Tunisienne d'Activities Petroliere (ETAP) covering the 2,428 sq km Chorbane Permit between the Kirouane and the Sfax fields. MEES learns that the agreement covers two phases: an initial seismic survey phase of 24 months during which the operator,...