Drilling schedule agreed for Elyssa offshore Tunisia

PA Resources (PAR) is evaluating the further potential of the Zarat permit offshore Tunisia, based on a recently reprocessed seismic cube.

Offshore staff

STOCKHOLM, Sweden – PA Resources (PAR) is evaluating the further potential of the Zarat permit offshore Tunisia, based on a recently reprocessed seismic cube.

The permit terms have been extended to July 2015, with a commitment for one appraisal well on theElyssa field and one exploration well elsewhere.

Interpretation continues of new 3D seismic data over Elyssa field, which should be completed before year-end, ahead of next year’s appraisal drilling.

PAR has initiated a farm-out process in the Zarat license and is in discussions with various interested parties.

11/07/2012

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