VOL. XLV

No 22

3-June-2002

IRAN

Pars Oil & Gas Spuds Second SouthPars Oil Layer Well

Iran痴 Pars Oil & Gas has spuddedan appraisal well targeted at the oil layer of South Pars gasfield,according to Iranian press reports. The reports quoted AssadollahSalehiforuz, Managing Director of Pars Oil and Gas,as saying that this would be the second appraisal well, following an earlierappraisal well drilled in 2001. He reportedly said that, based on the resultsof the first appraisal well, the South...