VOL. XLII

No. 27

5-July-1999

QATAR

Two New Successful Wells Drilled In Al-Rayyan Field

Gulfstream Resources Canada Ltd. announced on 23 June thesuccessful drilling of two new production wells in Qatar痴 offshore al-Rayyanoffshore oil field, bringing total producing wells in the field to eight.Al-Rayyan has been in production since 1996 and is currently producing around25,000 b/d of 24コ API crude from temporary facilities. A second phase ofdevelopment to expand the facilities capacity of the field...