Middle East Economic Survey

VOL. LIII

No 32

9-Aug-2010

tunisia

Disappointing Results For Petroceltic On Ksar Hadada Well

Petroceltic International and its partners on the Ksar Hadada license in Tunisia have had disappointing results for the Oryx prospect, with an exploration well encountering no significant oil saturation at any of the targeted reservoirs. Independent Resources (IRG), which holds an 18.97% working interest in the acreage, said that the Oryx-1 well would be plugged and abandoned....