Issue No. 23



Agip Starts Drilling In Yemen's Shabwa Block No. 3

Italy's Agip announced on 2 June that it had started drilling its firstexploratory well in Yemen's Shabwa Block No. 3 (the Jardan Block - for location see map inMEES, 3 February). The well's target depth has been set at 2,700 ms. (8,858 ft.).The block was initially awarded to Chevron under a production sharing agreement signed inJuly 1990, and Chevron in November 1991 farmed out a 40% interest in the block...