Ksar Hadada Permit, Onshore Tunisia
Company name: Envoi Limited
Address: 1b Walpole Court, Ealing Green, London, United Kingdom
Phone number: +44 (0)20 8566 1310
E-mail: Mike Lakin
Company Website: http://envoi.co.uk/projects/active-projects/africa/tunisia-2/
Project : Ksar Hadada Permit, Onshore Tunisia
Type of deal: Farm out
Basin: Ghadames Basin
Type of project: Exploration
Location (On/Offshore): Onshore
Area: North Africa
Description: Independent Resources, the UK-based, AIM listed company, has commissioned Envoi in its search for a new partner to join in the next phase of exploration and appraisal in its 2,252 km2 , 86% owned and operated Ksar Hadada exploration permit, in the Ghadames Basin, onshore Tunisia. The block contains the proven Ghadames Lower Palaeozoic system, whose prolific Silurian source has provided in excess of 90% of the discovered 30+ billion barrels of oil equivalent in the vast North African basin. Three wells confirm the presence of a significant oil accumulation (Sidi Toui) in the Upper Ordovician reservoir with unrisked STOIIP of 425 mmbo and recoverable reserves of 64 mmbo.
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