Middle East Economic Survey

VOL. LIII

No 17

26-April-2010

TUNISIA

MedOil Abandons Louza Block Well Offshore Tunisia

MedOil, a subsidiary of Edinburgh-based Cairn Energy, announced on 19 April that it has plugged and abandoned without testing an exploration well on its offshore Louza permit in Tunisia. The MSela West-1 well was drilled to a total depth of 2,555ms in the Serdj formation. While evidence of light oil was observed, the expected target Isis reservoir was not present in the well. Cairn...