Tunisia: Cooper looks to sell

Australia’s Cooper Energy is looking to sell its Tunisian portfolio and opened a data room in March. Cooper said a number of interested parties were reviewing the opportunity and the data room was expected to remain open during most of Q2. “In the absence of a compelling offer, Cooper Energy considers that the greatest value will be realised through a sale after the drilling and production testing of the planned Hammamet West-3 ST-2” sidetrack well, expected in early 2015 provided a rig can be secured, Cooper said.