VOL. XL

No. 31

4-August-1997

OMAN

Oman Awards Canada's Gulfstream Resources PSA Covering Block No. 30

The Omani Ministry of Petroleum and Minerals signed on 28 July an exploration andproduction sharing agreement (PSA) with the Canadian firm Gulfstream Resources Canada Ltd.covering the 1,200 sq.-km. Haffar block No. 30 in central Oman. The larger part of theacreage was originally awarded to Transworld's affiliate Compact under an explorationlicense which expired over a year and a half ago, but...