VOL. XLII
No. 13
29-MARCH-1999
YEMEN
Vintage Petroleum To Defer Drilling In Block S-1 To 2000
Vintage Petroleum Inc., the operator of Block S-1 in Yemen,has elected to defer drilling on the block until next year. Under itsproduction sharing agreement, Vintage has a commitment to shoot 3D seismic anddrill three exploratory wells in the first exploration period, which ends inDecember 2000 and may be followed by a second exploration period of 2.5 years.Acquisition of 3D seismic on Block S-1 is...
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