Tunisia

Tunisia

Average production in Q1 2012

2192 boepd

Average production in Q2 2012

1155 boepd

Assets

  • Five WIX-operated onshore concessions (10-17 years remaining title)
  • Working interest
  • four at 100%, one at 45%
  • 147,872 acres (net)
  • No work commitments

Fiscal and economic regime

  • World price for oil
  • Natural gas prices tied to 9 month trailing average of low sulphur heating oil
  • Royalty: 2% to 15%

2012 Focus

  • Chouech Essaida, Ech Chouech and Sabria