VOL. XLIV

No. 26

25-June-2001

IRAN

Petropars Secures Rig For Enterprise Drilling Program In South Pars Phases 6, 7 And 8

Irans Petropars, operator of the South Pars Phases 6, 7 and 8 development project, has chartered a drilling rig which will be used by Enterprise Oil to drill three appraisal wells in the field, beginning shortly. Enterprise agreed last December to undertake a $15mn appraisal program in this sector of the giant gasfield, which could lead to it taking a 20% interest in the...