VOL. XLV
No 24
17-June-2002
CASPIAN
ExxonMobil Will DrillSecond Well In Nakhchivan Block
ExxonMobilhas announced that it will drill a second well in the offshore Azerbaijan Nakhchivan block in late 2003. The announcement follows aprevious statement by the US firm that it intended to withdraw from its offshore Oguz concession when its production-sharing agreement (PSA)expired next year (MEES, 10 June).Last March the ExxonMobil subsidiary Exxon AzerbaijanOperating Company (EAOC) announced that it...
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