VOL. XLVI

No 7

17-February-2003

OMAN

EnCana Awarded EPSA For Blocks 3 And 4

The Oman government on 9 February signed a three-year oil and gas exploration and production-sharing agreement (EPSA) with EnCana International Oman, a subsidiary of Canadas EnCana for Blocks 3 and 4 in the east of the country. The company has the option to extend the agreement for a further three years. An oil ministry statement said EnCana was expected to spend $17mn on exploration in the blocks which cover an area of...