PDO ANNUAL REPORT FOR 1983

The following are selected extracts from the recently released 1983 Annual Report of Petroleum Development Oman (PDO). PDO is owned 60% by the Oman Government and 40% by a group comprising Shell Petroleum Company Ltd. (85%), Compagnie Francaise des Petroles (10%) and Partex (5%).

Reserves PDO's total reserves increased by 17.2% during 1983 from 2,982mn barrels on 1 January 1983 to 33,495mn barrels on 1 January 1984. The breakdown of this figure in the report...