GREY:CXEYF - Post by User
Post by
pwade0821on Jun 01, 2008 3:11pm
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Post# 15132283
Response form Pro-Edge
Response form Pro-EdgeHere's the response I got from Pro-Edge concerning the statement about the Tunisian Gov't. GLTA.
Patricia,
Thank you for your on-going interest in Candax.
The terms of the PSC signed with the Tunisian Government for the Chaal Exploration Block were originally satisfied by drilling the Chaal 1 well in 2006. This agreement was expiring in 2008 and Candax negotiated with the government to have the Exploration Period extended by two years as we have committed to drilling a sidetrack well from the Chaal-1 wellbore.
Candax appreciates your patience and support and we look forward to notifying you as developments occur.
Regards,
Sharron Clayton
Vice President
pro-edge consultants inc.
80 Richmond St W, Ste 600
Toronto, ON M5H 2A4
T.416.581.1362