VOL. XLVI

No 3

20-January-2003

OMAN

Novus Announces Preliminary Tibat-1 Test Results In Block 8

Australias Novus Petroleum announced on 13 January that preliminary tests on the Tibat-1 exploration well in Block 8 offshore Oman in the Strait of Hormuz had recorded rates up to 11mn cu ft/day of natural gas. A company statement said the well was drilled on a gas condensate target similar to the Novus-operated Bukha gas condensate field, and near to producing infrastructure with an accessible gas...