Middle East Economic Survey

VOL. LII

No 51-52

21/28-Dec-2009

syria

Kulczyk Oil To Sell Small Part Of Syrian Block To Triton Singapore

Kulczyk Oil of Canada (formerly known as Loon Energy) has disclosed that its 100% wholly-owned subsidiary Loon Latakia, which has a 100% interest in a production sharing contract (PSC) in Block 9 in Syria, has agreed to transfer a 20% interest in the license to Triton Singapore, subject to the consent of the Syrian government (MEES, 22 June, 1 October 2007). In a...