ADX 2.06% 9.9¢ adx energy ltd

to permit or not to permit, page-8

  1. 92 Posts.
    Hello everybody and hi dorimus.

    On july 9th I received a friendly email from Sonja Warter (thanking you again, as I did on Ariva ;-)), after having waited nearly 3 weeks since my first enquiry.
    She wrote that ADX is awaiting the ratification of the Parta concession and that it would take place in the next weeks. Within a month after ratification ADX will start with seismic activities.
    Farming out in the sicily channel is underway - should be completed by this year. (about 30% farm-out is expected).
    And next year will be the year of Lambouka/Dougga, Pantelleria (!) and Parta.
    (Yes, you got it right - Pantelleria is again in focus; I guess because Italy has signaled to cancel the restriction on exploring/drilling offshore).
    And finally the partners are evaluating the results of SD to decide where to continue onshore exploration in Tunisia/Chorbane and that an offshoot of Chaal on Chorbane could be the next target.
    ----
    It seems that it would be not so unrealistic to assume that ADX may have already extended the license on Chorbane. But maybe you could give a hint on the source of your information, to validate it further. Thanks in advance.

    Best regards,
    Oki-Wan 2.0
 
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