VOL. XLII

No. 19

10-May-1999

SAUDI ARABIA/LIBYA/TUNISIA

Nimir Drilling In Offshore Libyan/Tunisian Block Set ForJuly

MEES learns that the private Saudi oil firm NimirPetroleum Company will start drilling its first test well in the offshore 7thNovember block in July, and may drill an appraisal well later this year.Nimirs commitment is to drill three wells in five years, with the option ofdrilling one more well in case of a commercial discovery. Nimir has shot 700sq. kms. of 3-D seismic and 1,000...