Australia-listed
Cooper
Energy
said
Dragon
had
satisfied
the
conditions
precedent
to
take
a
55%
stake
in
the
venture,
home
to
the
Hammamet
West-3
well
offshore
Tunisia.
Dragon
will
pay
75%
of
Hammamet
West-3
well
drilling
costs
to
take
the
stake,
which
will
see
Cooper’s
stake
reduced
to
30%
and
Australia’s
Jacka
Resources
holding
the
remaining
15%,
Upstream
reported
in
October
2011.
Cooper
said
that
drilling
of
the
well
would
start
in
the
December
quarter
of
2012,
with
a
well
management
services
contract
recently
awarded
to
AGR
Petroleum
in
Dubai.
A
fracture
study…
