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Independent Resources () has completed a survey of the Ksar Hadada area, in Tunisia, and has told investors it believes there are multiple drillable low risk prospects within the permit.
"Even at today's low oil prices, we believe that these prospects are economic based on the expected volumes and probable rates of hydrocarbon flow and decline," the company said in a statement.
The survey, commissioned in July, was completed with the findings received by IRG within schedule.
According to IRG the survey has identified material hydrocarbon prospects, which have not been seen previously with other technologies.
The company said it would now integrate the findings with is existing database. And subsequently it intends to use the data to develop a drill programme.
For that to go ahead IRG will need a new partner, and as part of the farm out process it is updating interested parties of today's findings.
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Independent Resources Plc
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CODE : IRG.L |
ISIN : GB00B0RNX796 |
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Independent Res. est une société basée au Royaume-Uni. Independent Res. est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 184,9 millions GBX (221,3 millions US$, 193,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 mai 2009 à 97,50 GBX, et son plus bas niveau récent le 20 mai 2016 à 0,04 GBX. Independent Res. possède 402 003 697 actions en circulation. |