Middle East Economic Survey


No 4



TransGlobe Reports Oil Discovery At An Nagyah; CPF To Be Operational By Mid-2005

Canadas TransGlobe Energy (partner with the USs Vintage Petroleum operator in Yemens Block S-1) announced on 12 January an oil discovery at the An Nagyah-14. The well was drilled to a total depth of 1,365ms and encountered a 19ms oil column in the Lam 'B' (lower Lam) sandstone. The well was swab tested at a rate of some 80 b/d of 40 API oil and...