Evaluation Report Released For Offshore Tunisia Prospect
Drilling Activity Details
Drilling Activity Summary
Description
A recent independent evaluation of ADX Energy’s Dougga gas condensate discovery in offshore Tunisia indicates a 63% increase in the best estimate of contingent resources. The Dougga discovery and its potential extension, the Dougga Southwest Prospect, are the Kerkouane Block in the Tunisian sector of the Mediterranean's Sicily Channel. A drilling and testing program are planned at the Dougga Sud Prospect appraisal well in 2019. Engineering models estimate the unrisked 2C (best estimate) contingent resources is 122 MMboe, with 405 Bcf of gas, 31 MMbbl condensate, and 32 MMbbl of liquefied petroleum gas. The unrisked best estimate prospective resource is 169 MMboe – 762 Bcf of gas and 37.5 MMbbl condensate. Perth-based ADX is the operator of the Kerkouane Block with 100% interest.
A recent independent evaluation of ADX Energy’s Dougga gas condensate discovery in offshore Tunisia indicates a 63% increase in the best estimate of contingent resources. The Dougga discovery and its potential extension, the Dougga Southwest Prospect, are the Kerkouane Block in the Tunisian sector of the Mediterranean's Sicily Channel. A drilling and testing program are planned at the Dougga Sud Prospect appraisal well in 2019. Engineering models estimate the unrisked 2C (best estimate) contingent resources is 122 MMboe, with 405 Bcf of gas, 31 MMbbl condensate, and 32 MMbbl of liquefied petroleum gas. The unrisked best estimate prospective resource is 169 MMboe – 762 Bcf of gas and 37.5 MMbbl condensate. Perth-based ADX is the operator of the Kerkouane Block with 100% interest.