Circle Oil discovered oil at its El Mediouni-1 exploration well in the Mahdia permit, 120 km east of the port of Sousse, Tunisia, at a water depth of 240 m. The gross oil zone interval in the Lower Birsa carbonate is 77 m, while the Upper Ketatna carbonate has a minimum interval of 48 m, subject to confirmation by logs. Circle is the operator with a 100% working interest in the Mahdia permit.
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