RE: Tunisia Zen mention18 Sep 2020 12:42
barnyard, zengas's AI articles never tell the whole story. True there are demonstrators in the south who want work that was promised yrs ago but also true Tunis is for small to medium players rather than large just the way it is..
"Small and large companies alike have been operating in Tunisia, although smaller
players dominate the sector, reflecting the modest expectations of discovery sizes.17
(See Figure 7.) In recent years, however, some companies divested their assets in
Tunisia and others significantly reduced their investment"
Its a much better scenario for a smallcap to entire than a large player.
"Smaller players are also present and have shown enthusiasm to invest in
exploration and development.23 In 2013, John Nelson, the CEO of Canadian Africa
Hydrocarbons Inc., said during an interview that “[j]unior companies can be very
successful on projects that may not meet the economic threshold of the majors, but
can propel juniors quickly to mid-tier producers. This makes Tunisia a good place
for smaller companies to explore.”24"
https://resourcegovernance.org/sites/default/files/documents/assessing-tunisia-upstream-petroleum-fiscal-regime.pdf