VOL. XLIV

No 41

8-October-2001

OMAN

Novus Signs EPSA For Blocks 15 And47

Australia痴 Novus Petroleum on 1October signed an exploration and production-sharing agreement (EPSA) with theOmani Government for Blocks 15 and 47, with a combined area of 9,928 sq km, inthe north of the country. The blocks are largely unexplored, with only fourwells drilled to date. A company statement said the agreement stipulates thatthe three-year work program undertaken by Novus, which has a 100% interest inthe venture,...