Dragon Tunisia farm-in allows drilling resumption

April 3, 2012
Tunisia’s Hydrocarbons Consultative Committee has approved Dragon Oil’s farm-in to the offshore Bargou joint venture offshore Tunisia.

Offshore staff

SUBIACO, Australia– Tunisia’s Hydrocarbons Consultative Committee has approved Dragon Oil’s farm-in to the offshore Bargou joint venture offshore Tunisia.

The consortium now comprises Dragon Oil (55%), Cooper Energy (30%), and Jacka Resources (15%).

Preparations continue for drilling theHammamet West-3 well this fall on the Bargou permit. AGR Petroleum (ME) in Dubai is responsible for planning and executing drilling operations and post-well activity.

The well will include a horizontal section to increase the potential for the reservoir to flow at commercial rates. According to Cooper, a fracture study is under way to determine the optimum horizontal drilling path.

4/3/2012