The permission, which was granted by Tunisia’sHydrocarbon Consultative Committee, covers a 4,000km2 area containing the Saouf Permit and marks the first significant step forward in Upland’s North African activities. The firm believes the area could contain significant amounts of recoverable gas given that an existing gas discovery was made on-site 50 years ago before the establishment of local gas markets. It hopes to take advantage of numerous existing gas pipelines that cross the permit area. Finally, the permit also gives Upland the right to build on its initial acreage position and expand into the surrounding area. This dynamic sets the scene nicely for Upland as it prepares to step up in Malaysia and North Africa.

Source: The North Africa Journal August 01, 2018 10:07 UTC