VOL. XLIV

No. 23

4-June-2001

TUNISIA

Pioneer To Farm-In With Eurogas In Onshore Tunisia

Eurogas Corporation of Calgary announced on 29 May that it had entered into an agreement with Pioneer Natural Resources Tunisia, a subsidiary of Pioneer Natural Resources of Houston, to explore 2.7mn acres in Tunisias Tagi sand play in the onshore Ghadames basin. A statement released by Eurogas said Pioneer would earn a 50% participating interest in the Bazma, Jorf and El Hamra permits held by Eurogas by...