Douiret Prospection License

Central Tunisia

Mazarine Energy and ETAP applied for Douiret Prospection permit in August of 2016 which was awarded on 22 December 2017

Summary

The permit was granted for the duration of 2 years, Mazarine Energy and ETAP share an equal percentage of the participation.

Details

The obligations for this license consist of the acquisition of new 200 km2 3D seismic worth USD 2.5 Million, the reprocessing of legacy 2D seismic (~1000 km) and G&G Studies, within the two years of the prospecting duration.

Next operation

Ghrib Concession

The Ghrib concession is shared between ETAP (50%), Mazarine Tunisia (45%) and Bizerte (5%) with a 30-year validity until Q3 2046.

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