Middle East Economic Survey

VOL. LI

No 14

7-April-2008

oman

RAK Petroleum Oman Provides Update On Block 31

Ras al-Khaimah (RAK) Petroleum Oman, the wholly-owned subsidiary of RAK Petroleum, on 28 March provided an update on its operations at the Al Jariya-1 well, on the Jebel Hafit prospect in Block 31 (operator, 50%). Despite some complications in early February, which resulted in an underground blowout, RAK Petroleum Oman has not compromised its main target, the Shuaiba reserves, and the Natih...