Nefzaoua Permit

The Nefzaoua Exploration Permit Area is situated in the central part of Tunisia in Kebili province. The Permit is a part of the oil & gas basin of Schott. The Permit's total area is 3,132 km² that covers several deposits: El Franig, Sabria, Ghrib, Baguel, El Bibane, Ezzaouia and Robbana. There are oil and gas pipelines within the distance of 15 kilometers of the Permit. Gabes and La Skhira terminals located on the Mediterranean coast are within 60 ÷ 70 kilometers of the Nefsau Exploration Permit Area.

The Operator of the Araifa Exploration Permit Area project is YNG Energy Limited, which operates under the Convention with the Republic of Tunisia, whose interests are represented by the ETAP ('Entreprise Tunisienne d'Activités Pétrolièresthe' which is theTunisian petroleum state-owned Company).

The Nefzaoua Permit exploration License came into force on December 22, 2017 when it was published in the Official Gazette of the Republic of Tunisia No102.

The Nefzaoua project provides for:

• Geological & Geophysical studies;
• 2D seismic data reprocessing;
• Acquisition, processing, and interpretation of 350 km² of 3D seismic data;
• Two (2) exploration wells drilling.

Within the period from 2019 to 2022, we performed a comprehensive analysis of geological and geophysical materials.

From June 2019 to December 2019, our company completed the reprocessing of 24 seismic profiles, with a total length of 714 lin km

From January 2020 to August 2020, 236 km² of 3D seismic data were processed.

Nefzaoua Permit Overview

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Name		Nefzaoua
Classification		Exploration Permit
Location		Central Tunisia
Association Contract		YNG Energy Limited × YNG Energy Limited Bur. A-1.2 Immeuble Lac de Constance, Rue du Lac de Constance,               Les Berges du Lac - 1053 Tunis, Tunisia               Phone: +216 71 963 043               Fax: +216 71 963 044
		Operator	50%
		ETAP	50%
Surface Area Effective Date:		3132 km² December 22, 2017
JORT N°102 of December 22, 2017
Expired Initial Period:  December 21, 2023