Middle East Economic Survey


No 1



Oilex Launches Oman Drilling Program

Australias Oilex has started an aggressive drilling progam on the onshore Block 56 it acquired in late June 2006 (MEES, 21 May 2007, 10 April 2006). Drilling on the Sarha-1 exploration well began on 31 December and is the first of a series of three wells the firm intends to drill in the first half of the year. These will be followed by a further four wells in late 2008 and early 2009. Sarha-1 is in the...