Business
DualEx announces drilling of BHN-1 well in Tunisia
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About this update from Spartan Delta Corp
[{"type":"text","content":"\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n DISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, June 10, 2013 /CNW/ - DualEx Energy International Inc.\n (\"DualEx\" or the \"Company\") (DXE, TSX-V) today announced that it has\n commenced drilling the BHN-1 well on the Bouhajla Permit in Tunisia. The well spudded on June 8, 2013 and is currently drilling surface hole\n at a depth of 325 metres. BHN-1 is the first exploration well on the\n Bouhajla Permit, and is planned to be drilled to a total depth of 2,545\n metres in order to evaluate a Cretaceous Abiod oil target on the\n Bouhajla North prospect. The well is expected to take four to six weeks\n to reach total depth.\n\n\n\"We're extremely pleased to announce the spudding of BHN-1, as it\n represents a potential game-changer for our Company, and is the result\n of several years of perseverance and hard work by our team,\" said Garry\n Hides, President & CEO of DualEx.\n\n\nThe Bouhajla North prospect is believed to be geologically analogous to\n the Sidi el Kilani oilfield, which has produced approximately 48\n million barrels of light oil to date. Sidi el Kilani is located\n twenty-five kilometers to the east of the Bouhajla North prospect.\n\n\nAbout DualEx Energy International Inc.\n\n\nDualEx Energy International Inc. is an oil and gas exploration and\n production company with operations in Tunisia and Hungary. DualEx's\n common shares trade on the TSX Venture Exchange under the symbol\n \"DXE\".\n\n\n\nForward-Looking Statements\n\n\nThis news release contains forward-looking statements and\n forward-looking information within the meaning of applicable securities\n laws. The use of any of the words \"expect\", \"anticipate\", \"continue\",\n \"estimate\", \"objective\", \"ongoing\", \"may\", \"will\", \"project\", \"should\",\n \"schedule\", \"believe\", \"plans\", \"intends\" and similar expressions are\n intended to identify forward-looking information or statements. More\n particularly and without limitation, this news release contains forward\n looking statements and information concerning DualEx's future\n operations.  The forward-looking statements and information are based\n on certain key expectations and assumptions made by DualEx, including\n expectations and assumptions concerning equipment and crew availability and join...