Leveraging decades of technical, geological, operational and transactional oil and gas experience, Dunraven is building a full-cycle portfolio of assets in the North Africa/Mediterranean region.
In the near-term, we aim to create value by proving up the substantial prospective resources in the north west area of the Mahdia offshore permit in the Tunisian Mediterranean through further exploration and appraisal. If successful, work carried out on our behalf by Adil (a Schlumberger company) proposes development of the largest prospect (EMD East) by two oil producer wells.
Dunraven has engaged Stellar Energy to advise the Company on potential farm out options in order to mitigate sole exploration risk.