COE Quarterly report - 22nd July 2014 Tunisia Exploration...

COE Quarterly report - 22nd July 2014
Tunisia
Exploration
"Activities to secure a rig to re-enter Hammamet West-3 (Bargou Permit Cooper Energy 30% and Operator) and drill and test a second sidetrack well, Hammamet West-3 ST-2 continued during the quarter. It is expected that operations at Hammamet West-3 will re-commence in 2015, subject to rig availability and government regulatory approva
The data room for the divestment of Cooper Energy’s Tunisian portfolio remained open during the quarter with a number of interested parties engaged in reviewing the assets.
It is intended that the data room will close in the current quarter prior to a call for final offers. In the absence of an acceptable offer, Cooper Energy considers that the greatest value will be realised through a sale after the drilling".

Still securing rig? availability?
Recommence drilling 2015?
See what JKA say - hope they are more fruitfull with info.....