Kufpec Seeking Farm-in Partners for Tunisia Exploration
Wednesday, October 16, 2002
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking exploration partners for three prospects located in the North Kairouan area, onshore in Central Tunisia. The three prospects are located with in a 25 kilometer radius of Sidi El Kilani field and have an estimated unrisked reserves of 10, 35 and 53 mmbbls of oil, respectively. There are nearby production facilities and pipelines and costs of exploration, development and production are relatively low.