Monday, August 18, 2008

Swedish PA Resources buys 35% licence stake in Tunisian plant.

Email a Friend

All fields are compulsory

Your name:
Your email:

To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Email yourself a copy?
Comments:

Add Your Comment

All comments are subject to editorial review.
All fields are compulsory

Your name:
Your email:
(will not appear)

You may email your comment to a friend
To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Publish your name?
Receive email notification of new comments posted by other users?
Email yourself a copy?

Comments:

I have read and agree to the Terms and Conditions

Swedish PA Resources buys 35% licence stake in Tunisian plant. Swedish oil company PA Resources agreed to buy a 35% stake in a Tunisian onshore exploration licence by paying for a share of seismic survey and drilling costs, the company said in a statement. Under the deal with Canadian oil and gas company Storm Ventures International, PA Resources will get a stake in the Jenein Centre exploration permit in the Ghadames Basin in southern Tunisia . The company will pay 70% of the cost for the acquired three-dimensional seismic survey and 70% of the coast for the first exploration well to earn its 35% licence stake. The new licence stake adds to PA Resources' existing portfolio in Tunisia, where it operates four producing fields and three exploration licences.

Cash management poll 2008:

The US treasury market reaches breaking point

Swedish PA Resources buys 35% licence stake in Tunisian plant.

Email a Friend

Add Your Comment

Other ISI Middle East and Africa stories

US treasury market reaches breaking point

Top 10 financial definitions that are funnier since the credit crunch

Top 10 reasons to tell your boss you deserve a bonus this year

Nomura’s great leap forward: Will Lehman takeover help fulfil its global ambitions?

Eksportfinans turns to government for funding

Why Hank Paulson has failed as Treasury secretary

Middle East real estate debate: Middle East real estate holds its own in unsteady global markets

Plans Look To The New Frontier

Country risk September 2008: Money talks in a world of risk

US treasury market reaches breaking point

Nomura Eyeing Lehman Bonus Renegotiation

Nomura’s great leap forward: Will Lehman takeover help fulfil its global ambitions?

Corporate defaults: The LBO zombies set to stalk the market

Real estate: Global volumes slump in 2008, hangover predicted for 2009

Latest Issue