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20th September 2015 - Tunisia Update
20th September 2015 - Tunisia Update
Independent Resources plc (IRG) wishes to confirm that work continues to identify the prospectivity on the Ksar Hadada Permit onshore Tunisia. The Company is contractor to ETAP and is operator. The Company has updated its geological work over the past year to increase understanding of the potential on the Permit. This has included reviewing all of the pre-existing wells on the Permit and integrating that work with the existing 2-D seismic. The recently completed RSDD-H satellite survey has identified increased potential on the previous Gazelle prospect and two new leads. Integrating the RSDD-H results with existing seismic and offset wells has confirmed the areas of interest. No wells have been drilled on Gazelle or the two leads. Further geological and geophysical work is required to identify a location to drill a new well.
The Company continues to seek a partner to fund the work programme for the Permit.
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Independent Resources Plc
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CODE : IRG.L |
ISIN : GB00B0RNX796 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Independent Res. is based in United kingdom. Independent Res. is listed in United Kingdom. Its market capitalisation is GBX 184.9 millions as of today (US$ 221.3 millions, € 193.9 millions). Its stock quote reached its highest recent level on May 29, 2009 at GBX 97.50, and its lowest recent point on May 20, 2016 at GBX 0.04. Independent Res. has 402 003 697 shares outstanding. |