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CALGARY, July 23, 2014 /CNW/ - DualEx Energy International
Inc. ("DualEx") (DXE, TSX-V) advises that its application for a
second one-year extension of the Bouhajla Permit is still before
the relevant government authorities, as first reported in its press
release dated May 29, 2014. The
adoption of the newly created constitution in January of this year,
and in particular the interpretation of Article 13, has resulted in
delays for a number of companies with respect to issues related to
the administration of rights across the natural resources
sector.
"Having just returned from meetings in Tunis, we are confident that a concerted
effort is being made to resolve the administrative logjam that has
been created, so that companies can continue with their exploration
programs" said Garry Hides, DualEx
President & CEO. "Additional news will be released once
we receive notice regarding our extension application, and upon
approval, initiate the re-completion of the BHN-1 well that has
been put on hold pending final government approval of the permit
extension."
About DualEx Energy International Inc.
DualEx Energy International Inc. is an oil and gas exploration
and production company with operations in Tunisia and Hungary. DualEx's common shares trade on the
TSX Venture Exchange under the symbol "DXE".
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE DualEx Energy International Inc.