The proposed FPSO development of the Zarat field off Tunisia is falling further apart with one of the operators saying it is so short of cash it may be delisted from the stock exchange. Sonde Resources had been to bring in a new partner to help prove up further reserves for the FPSO development of the field which is partly in Tunisian waters and partly in waters held jointly by Libya and Tunisia. Sonde is the operator of the joint acreage but needs a new partner to help fund a two well commitment and has yet to find one.
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