Petroceltic International Plc, Dublin, and Independent Resources Plc

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Estimated Price
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Description

Petroceltic International Plc, Dublin, and Independent Resources Plc have retained Stellar Energy Advisors Ltd. to seek a farm-out partner of the Ksar Hadada permit in southeastern Tunisia. The prospect involves the 5,610-squarekilometer Ksar Hadada Block on the northeast flank of the Ghadames Basin. The primary reservoir target is the Cambro- Ordovician quartzite. Oil is produced from this reservoir in the Hassi Messaoud Field in Algeria. The permit is almost entirely onshore. The bid due date is April 4. Contact David Fassom, +44-20-7493-1977.