Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Oman inks EPSA contract with Frontier for block 38  Join our daily free Newsletter

MENAFN - 10/10/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Texas-based oil and gas explorer Frontier Resources International has won contract to explore Oman's Block 38, Reuters reported.

The exploration and production sharing agreement (EPSA) runs for six years on the Mudayy Block, covering an area of 17,425 sq km in the Dhofar region of southwest Oman, the company said.

The small oil and gas explorer said it would conduct geophysical and geological studies during the first three-year phase of the agreement, with well drilling to follow if merited.

The block, which includes southern parts of the Rub Al Khali Basin, currently has only three wells drilled and is considered prospective for oil and gas, Frontier said.

Frontier currently operates in Namibia and Zambia, while its current production assets are all located in Texas, according to the company's website.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help