Sunset Pacific Petroleum Ltd. announced that it has signed a letter of agreement for projects and investment in Tunisia with Mazaya Energy Corporation based in the Kingdom of Bahrain. Both Parties have agreed to form a joint venture consortium for Sunset Pacific's Tunisian projects and a joint committee has started technical and commercial activities towards a final operating agreement. Mazaya Energy through it's shareholders has access to investment capital in the Middle East and North Africa region and will arrange a multi phased equity investment of up to USD 10 million for the Company.