VOL. XXXVIII

NO. 52

25-SEPTEMBER-1995

Syria

Tullow Evaluates Oil Discovery For Production But Ceases FurtherExploration

Ireland's Tullow Oil is currently appraising its oil discovery in the EastAsh Sham permit in eastern Syria for possible production, but has ceased furtherexploration with its decision not to extend the exploration period beyond theinitial three years. The East Ash Sham permit was awarded in mid-1992 to a groupcomprising Tullow Oil (24%, operator), Scotland's Clyde Bank (27%),...