Middle East Economic Survey


No 10



Maurel & Prom Abandons Syrias Draco-1 Well

Frances Maurel & Prom announced on 1 March that it was abandoning the Draco-1 well on Block 11 (also known as al-'Asi) in Syria, which covers 8,427 sq km along the Mediterranean coast north of the Lebanese-Syrian border. The company said in a statement that 890km of 2D seismic acquired in 2007 and 2008 had identified two prospective zones, one of which included the Draco prospect....