Hunt Oil Signs Production-Sharing Agreement with Jordan
The Jordanian Minister of Energy and Mineral Resources, Dr. Hisham al-Khatib, signed on 5 August a 7.5-year production-sharing agreement with the US Dallas-based Hunt Oil Company for oil and gas exploration in an 800,000 sq. km. block in the al-Jafr area in southern Jordan, near the Saudi Arabian border.
Speaking to reporters in Amman following the signature of the agreement, which was approved by the Jordanian cabinet,...