Project Profile
Value: Undisclosed
Location: Western extension of the Jorf permit, onshore south-central Tunisia
Reserves: Unknown
Area: 1,616 km2 (399,308 acres)
Start-up Year: -
The Bazma permit, located onshore south-central Tunisia, is the western extension of the Jorf permit and encompasses an area of 1,616 km2 (399,308 acres). The permit was officially granted on July 28, 2006, for an initial four year period, and subsequently extended to July 17, 2013. CYGAM has a 100% working interest in this permit and is now seeking other companies willing to participate in the exploration program at Bazma on a promoted basis. Re-processing of approximately 200 km of selected seismic lines out of the extensive seismic data on the permit and a comprehensive geophysical evaluation confirmed the presence of several structures on the block with potential in the Triassic Tagi sandstone reservoirs which produce gas and condensate from the nearby Baguel and Tarfa fields.
One structure, located in close proximity to the Tarfa field, was of particular interest because of its similarity to producing fields and the Company decided to acquire an additional 56 kilometres of seismic data on this and other structures to finalize an exact drilling location. The new seismic data was processed and interpreted during the summer of 2008 with excellent results. The drilling location currently proposed will be within approximately 5 kilometres from existing production and a northbound pipeline carrying gas and condensate from the Baguel and Tarfa fields. This pipeline joins an eastbound pipeline carrying Ordovician gas and condensate from the El Franig and Sabria fields located 50 kilometres west of Bazma and then connects to the major line carrying hydrocarbons from the giant El Borma field in southern Tunisia to the Gulf of Gabes.
Operators:
CYGAM: Operator with 100% interest (TERMINATED on March 2015)