Middle East Economic Survey
VOL. XLVII
No 45
8-November-2004
YEMEN
Calvalley Proceeds With Yemen Block 9 2nd Exploration Period
Canadas Calvalley Petroleum announced on 27 October that it had received approval from the Yemeni Government to proceed with the second exploration period in Block 9 which will run until 4 March 2008. Calvalley is operator with a 50% stake, while Indias Reliance Industries and Yemens Hoodoil hold 25% each. The Canadian firm received approval to start drilling in the first...
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