Middle East Economic Survey

VOL. LIII

No 22

31-May-2010

TUNISIA

Storm Begins Drilling Fuchsia Exploration Well Offshore Tunisia

Canadas Storm Ventures International has begun drilling the Fuchsia-1 exploration well on Tunisias Hammamet offshore license. The Fuchsia-1 well has been spudded by the ENSCO 105 jack-up rig and is intended to be drilled to a total depth of 2,900ms into Birsa formation sandstones. The Hammamet license was acquired in 2005 under a production sharing agreement (PSA). It...