VOL. XLIV
No 31
30-July-2001
YEMEN
Pan-Canadian Led Consortium Awarded Border Block 60
The Yemeni Ministry of Petroleum on 22 July signed aproduction-sharing agreement with a consortium grouping Calgary-basedPan-Canadian Petroleum (operator, 39%), Austria痴 OMV (Yemen) Exploration GmbH(33.2%), Spain痴 CEPSA (12.8%) and the state-owned Yemen Company, a subsidiaryof Yemen General Oil and Gas Corporation (15%), for Block 60, which covers anarea of 2,590sq km in northern Yemen in the Rub' al-Khali...
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