Middle East Economic Survey

VOL. LII

No 38

21-Sep-2009

syria

Groundstar Resources Relinquishes Two Syrian Blocks

Canadas Groundstar Resources announced on 10 September that it had agreed to a request from the Syrian Ministry of Petroleum and Mineral Resources to relinquish onshore Blocks 14 and 16, awarded to the company in April 2008, under the third bid round (MEES, 5 May 2008). Groundstar said in a company statement that it had failed to find a farm-in partner to buy into the blocks because of...