EnQuest takes control of Didon offshore Tunisia

PA Resources has finally transferred 70% of its interest in the Didon concession offshore Tunisia to EnQuest for a cash consideration of $23 million.

Jul 14th, 2014

Offshore staff

STOCKHOLM, Sweden --PA Resources has finally transferred 70% of its interest in the Didon concession offshore Tunisia to EnQuest for a cash consideration of $23 million.

EnQuest will assume responsibility forDidon operations in accordance with transitional arrangements to ensure a seamless handover.

However, the two companies are still waiting for approval from Tunisia’s authorities for a similar transaction for the offshore Zarat permit.

7/14/2014

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