Middle East Economic Survey


No 4



Burren Agrees Offshore Block 50 Farm-In

The UKs independent Burren Energy has signed a farm-in agreement with Oman Hunt, a subsidiary of Hunt Oil, on offshore Block 50 to acquire a 40% non-operated interest. The assignment is awaiting government approval. Block 50 has water depths of up to 100ms and covers 16,680 sq km of the offshore Masirah Basin. Burren said the blocks program for 2006 is designed to acquire detailed, high quality...