VOL. XLV

No 38

23-September-2002

YEMEN

Australia痴 Oil Search/Saba Sign EPSA ForBlock 35

Yemen痴 Ministry of Oil andMineral Resources on 15 September signed an exploration and production-sharingagreement (EPSA) covering the 7,367 sq km Block 35 (Hood) in Hadhramawt province with a consortium consisting ofAustralia痴 Oil Search, Yemen痴 Saba Oil and Gas Company and a company beingformed by the government痴 General Corporation for Oil and Minerals (for map,see MEES, 3 December 2001). Accordingto the ...