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