Middle East Economic Survey
VOL. LII
No 47
23-Nov-2009
morocco
Caithness Announces Award Of Taounate Reconnaissance License
British independent Caithness Petroleum has announced the award of a one-year reconnaissance license for Moroccos Taounate block. Cabre Maroc, the companys Moroccan subsidiary, is operator and 75% interest holder in the license, with state-owned Office National des Hydrocarbures et des Mines (ONHYM) holding the other 25%. The block covers an area of 4,660 sq km and is largely...
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