DUNRAVEN RESOURCES
 

Mahdia History

Exploration activity in the licence area dates back to the 1970s. Drilling activity has been undertaken by Total, Shell and, more recently, Circle Oil Tunisia:

Area3000 km2
Water depth250m
Key activity2018 – Extensive reprocessing and gap analysis work; Competent Person’s Report attributed 114 mmbbls ‘best estimate’ prospective resources in four prospects in the NW of block

2014 – Drilled EMD-1 well, de-risking EMD-East, the largest prospect (63 mmbbls) – well was suspended with well control issues

2012 – 3D seismic identifies four prospects in NW of block

“EMD-1’s incomplete results have at a minimum de-risked the prospect; indicating the presence of a working hydrocarbon system and demonstrating an effective top seal,”

Adrian Burrows, Dunraven Chief Geoscientist