VOL. XLVII
No 10
08-March-2004
CASPIAN
CanArgo Acquires New Oilfield In Georgia
Canadas CanArgo Energy Corp announced on 18 February that it had received approval from the Georgian government to obtain 50% of the Block XIB (Samgori) production-sharing agreement and to hold 50% of the blocks license (see map in MEES, 26 August 2002). CanArgo said the interest was being acquired from Georgian Oil Samgori Ltd, which is wholly owned by Georgian Oil. Under the terms of the agreement, up to 10...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!