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FINANCIAL NEWS
OMV announces gas discovery in southern Tunisia
17 Feb 2010
(MENAFN) European oil major OMV has announced the discovery and successful testing of gas and condensate in its Fella-1 exploration well within the Jenein Sud exploration block in southern Tunisia, Reuters reported.
A senior official at the company said that the gas discovery in the recently granted Nawara Production Concession at Jenein Sud is the fifth successive one in the area in the last four years and underpins the significant potential of the block.
Further exploration and appraisal activities in the concession are currently ongoing with drilling and testing of additional wells to increase the resource base and to pave the way for a field development in the coming years, he said.
This promising series of discoveries in our Jenein Sud exploration block supports our efforts to grow in Tunisia, an important country in our North African core region, he stated.
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