Oman inks EPSA contract with Frontier for block 38


(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.


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