Independent Resources in its operational update on the Ksar Hadada hydrocarbon exploration permit, onshore Tunisia announced that the Comité Consultatif des Hydrocarbures (CCH) has approved its call for an extension on the permit till August 6, 2017.

The company had submitted a proposal for an extension of the Ksar Hadada permit to CCH on April 21, 2016 as the initial extension expired last month.

According to Independent Resources, talks are ongoing with potential farm-in partners to finance prearranged activities on the licence.

“We are very pleased to have received CCH approval which we feel reflects the hard work and competent operatorship we have demonstrated in the last two years. This extension increases the time available to potential farm-in partners to complete exploration programme commitments and we will continue our discussions with them in order to prepare to meet our work obligations,” Greg Coleman, CEO of Independent Resources, told Energy-pedia.

The Ksar Hadada exploration permit encompass an onshore area of 2,252 km² in south-east Tunisia. An independent third-party assessment of the permit in April 2014 revealed an estimated gross recoverable resources of 108 million boe.

Anita Fatunji