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Candax Energy Inc. (TSX:CAX) announces that Falcan Chaal Petroleum Limited, a 100% owned subsidiary of Candax, and the operator of the Chaal Permit has received notification from Tunisia’s Directeur Général de l’Energie that its request for an extension to the Permit has not been accepted and that the Permit has been canceled.
Candax Energy Inc. (TSX:CAX) announces that Falcan Chaal Petroleum Limited, a 100% owned subsidiary of Candax, and the operator of the Chaal Permit has received notification from Tunisia’s Directeur Général de l’Energie that its request for an extension to the Permit has not been accepted and that the Permit has been canceled.
The news is quoted saying:
Candax Energy Inc. is an international energy company with its head office in Toronto and offices in London, Tunis, and Madagascar. The Candax group is engaged in exploration and the production of oil and gas and power generation in Tunisia and holds an interest in an exploration permit in Madagascar.
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