#Bahrain talking to U.S. oil companies about tight oil deal: minister | Reuters

Bahrain talking to U.S. oil companies about tight oil deal: minister | Reuters:

Bahrain is talking to U.S. oil companies with shale oil expertise about developing a huge oil and gas field discovered last year, and hopes to have an interested company by the end of the year, the oil minister said on Tuesday.

Last April Bahrain said it had discovered its largest oil and gas find since 1932 off its west coast, estimated to contain at least 80 billion barrels of tight oil.

The first test well is being drilled now, Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa told Reuters in an interview. “We should have it flowing ... maybe by the end of April.”