Principal Activity

Dominion Energy is an oil and gas exploration company. It was incorporated in September 2000. Until 2007 it was engaged in oil and gas exploration, development and production in the United States of America. In 2006 it acquired two exploration permits in Tunisia for an initial period of five years, and in 2008, the Company became interested in certain oil and gas projects in the Persian Gulf.

Heading the Company’s geological team are Dr Mongi Gharbi and Dr Mohammed Mokhtari who have extensive experience of the oil and gas industry in North Africa, the Middle East and Europe.

The licence extensions for the permits in Tunisia were extended until 4 April 2013, subject to FAPCO completing certain seismic acquisition and drilling programming. Subsequently the Company was not able to move the project forward despite significant efforts by the management to source finance, seek potential companies as farm in partners or to sell the project. As a result the licences reverted back to the Tunisian authorities.