Tunisia govt extends Gulfsands’ and ADX Energy’s Kerkouane offshore exploration licence

The Tunisian government has granted three more years for exploration and appraisal activities, until 22 February 2014.
Gulfsands Petroleum PLC said the government of Tunisia has approved the renewal of the Kerkouane offshore exploration licence and has granted three more years for exploration and appraisal activities, until 22 February 2014.  At that point, the exploration licence can then be renewed for another three years.
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Source: Proactive Investors