Crescent Petroleum/Atlantis Begin Drilling Sharjah-2 GasWell
Sharjah-based Crescent Petroleum announced on 4 July that ithad begun drilling the Sharjah-2 gas well in an offshore block being developedby Crescent and its partner, Atlantis Holdings of Norway. In November 1997 thejoint venture was awarded a 30-year concession in a 1,018-sq. km. block off theSharjah coast (MEES, 10 November 1997). A statement released by Crescentsaid the well would be drilled to a...