Tue, 01 May 2012 02:09:07 CDT
Oman?s oil and gas ministry has invited international and local oilfield companies to take part in a bid round for the onshore Block 65 in the Sultanate?s northeast, Oman Daily Observer has reported. Covering an area of 1,230 sq km, Block 65 is a modest-sized concession and borders the concessions of Daleel?s Block 5 and Occidental Oman?s Block 27 to the north, Petroleum Development Oman?s Block 6 to the south, and Petronas? Block 63 to the west. ?The Block has potential for unconventional plays, such as Light Tight Oil (LTO),? the ministry said in a brief backgrounder on the concession.
Read full article at: ameinfo.com