Thursday 26 June 2014

Zubara authorized to drill offshore Sharjah - Offshore

Zubara authorized to drill offshore Sharjah - Offshore:



"Sharjah’s government has extended Lime Petroleum subsidiary Zubara Petroleum’s concession agreement for the Sharjah Offshore block in the UAE.



Zubara, which owns 100% of the block, expects to issue a well management services contract by July, paving the way for drilling of an exploration well by 3Q 2015.



Additionally, the company expects to complete an environmental impact assessment and a site survey by next January."



'via Blog this'

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