DualEx Gains 100% of Bouhajla Permit

Thursday, March 5, 2015

DualEx Energy International reported that pursuant to the terms of the Bouhajla farm-out agreement, Africa Hydrocarbons has forfeited its 47.5% indirect interest in the agreement and the Bouhajla PSC in Tunisia. As a result, DualEx’s wholly owned subsidiary, DualEx Tunisia, has exercised its rights under the agreement to acquire the forfeited interest and now holds 100% of the contractor interest in the Bouhajla PSC and convention.

DualEx continues to work towards conducting a 100-sq km 3D seismic survey on theKtitir Prospect within the Bouhajla permit, and is actively seeking partners to participate in the permit.

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