Tunis • 19-04-18

Mazarine Energy Awarded Douiret License

Tunisia, 22 December 2017

Mazarine Energy and ETAP applied for Douiret Prospection permit by August 2016 which was awarded on 22 December 2017 for the duration of 2 years validity. The percentage of participation are divided equally between the two Parties. The obligations for this license consist of shooting seismic worth USD 2.5 Million within the two years of the prospecting permit duration, the reprocessing of legacy 2D seismic (~1000 km) and G&G Studies.

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Tunis • 12-02-14

Mazarine Energy enters North Africa, taking a 90% operating interest in the Zaafrane license in central Tunisia

Mazarine Energy announces that it had agreed with Medex Petroleum Limited to acquire a 90% participating (100% paying) interest in and operatorship of the onshore Tunisian Zaafrane license.

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