Tag Archives | Joint Oil

Sonde Resources Announces Approval of Farm-Out

Sonde Resources has received approval from Joint Oil's Board of Directors to farm-out 66.67% of its potential Zarat Field Exploitation Area and 50% of the remainder of its interest in the Joint Oil Block to Viking. Joint Oil is equally owned by Libya and Tunisia. In order to receive Joint Oil approval, certain terms of […]

Sonde Resources Reaches Agreement on Gulf of Gabes

Canadian energy group Sonde Resources has reached agreement with the Joint Oil authority on terms for Sonde to enter the second phase of the exploration period on the Joint Oil block in the Gulf of Gabes offshore Libya and Tunisia. According to a report from Oil & Gas Journal, the agreement allows Sonde to defer […]