VOL. XL
No. 30
28-July-1997
YEMEN
Upstream Operations In Yemen
The Clyde-led consortium operating the Howarine block No.32 spudded earlier this monththe second well (Darbah No.1) with results expected shortly. A third well is to be drilledlater this year. The first well (Sabiyah No.1) was dry. The consortium's equity shares andthe partners' financial obligations have changed lately in accordance with a farm-inagreement signed last May whereby Canada's Transglobe obtained a share in the...
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