Storm reviewing bids for Tunisia well

Storm Ventures International has received bids from four contractors to supply a rig and associated materials for a well in the Gulf of Hammamet offshore Tunisia.

Offshore staff

CALGARY -- Storm Ventures International has received bids from four contractors to supply a rig and associated materials for a well in the Gulf of Hammamet offshore Tunisia.

According to partner Cooper Energy, Storm must now seek approval from Tunisia’s government for the preferred bidders for the Fuchsia-1 well, so that the various contracts can be awarded. Cooper is hopeful of announcing the selected rig and the probable spud date within the next month.

The company adds that the issue of sea floor testing in relation to the rig bids must also be addressed.

08/21/2009

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