Middle East Economic Survey


No 1-2



DNO, TransGlobe Announce Encouraging Results In Yemens Block 32

Block 32 operator DNO (38.95%) and its partner TransGlobe (13.81%) on 28 December announced an oil find of 200 b/d at the Tasour 23 ST exploration well. The well was drilled to a total depth of 3,139ms and suspended as a potential upper Naifa oil well. DNO said the initial result on Tasour 23ST was encouraging. TransGlobe and DNO will evaluate the new discovery and the...