Middle East Economic Survey


No 26



Tethys Reports Completion Of Saiwan East Appraisal Well

Swedens Tethys Oil and CC Energy Development (CCED) have completed drilling the Saiwan East-3 (SE-3) well on Block 4 in Oman. A 24 June Tethys statement said the appraisal well was spudded on 5 May and drilled to a depth of 1,800ms to target a light oil discovery in the Khufai formation made in 2009, which the companies believe could yield 900 b/d (MEES, 23 November 2009). SE-3 is...