• Candax Energy Inc. entered into an agreement with PA Resources AB to buy PA Resources' 23.9% WI in the El Bibane field and its 13.6% WI in the Ezzaouia field for US$4 million in cash. Both fields are located in Tunisia. The purchase of the additional WI will increase Candax's ownership of the El Bibane field to ~98% and the Ezzaouia field to 45% and will add ~100 bpd of production to Candax.•......
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