VOL. XLI

No. 15

13-April-1998

YEMEN

CalValley Plans To Drill Four Appraisal Wells In Yemen's Block 9

Canada's CalValley Petroleum Inc. announced on 7 April that it is planning to drill inthe 4Q of this year four appraisal wells in Yemen's block 9 (the Malik block) after anindependent engineering evaluation undertaken on its behalf by Fekete Associates Inc. ofCalgary has indicated that the block is "highly prospective." CalValley wasawarded a production sharing agreement covering the 4,743-sq....