The AIM-listed company said the competent person’s reportfrom Blackwatch Petroleum Services had estimated risked recoverable resourceson two oil and gas prospects at the block could run to 33.9 million boe.
The 2252-square kilometre licence in south-east Tunisia isconsidered prospective in the Ordovician Bir Ben Tartar quartzites and SilurianAcacus sandstone, sourced from the Silurian Tanazzuft shale.
Independent Resources has an application pending withTunisian state player ETAP to become the 86% operator of the licence, where itcurrently holds 18%.
The
