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Due to the rapid change in the political climate again in...

  1. 784 Posts.
    Due to the rapid change in the political climate again in Tunisia,I think the chance of getting a better deal from the Government regarding the fiscal terms for offshore Tunisia is dissapearing due to lack of future Government adhesion/ maybe new election.
    I would be surprised if a third entity would be interested in farming in to the Sicily Channel deal at present.

    My view has changed to a HOLD. as Romania and Chorbane are a long way off(12months) before we get a drill.

    Even the finalisation of the Chorbane farmouts may be delayed due to possible Government changes.

    Cheers IFINO
 
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