Oil Search Co. to report findings in block No. 7 soon

SHABWA, March 15 (Saba) - The
Australian Oil Search Company is to present next Wednesday a full report on the
final findings
in the block No. 7, the technical manager of the company said on Monday.


During his meeting with the Shabwa Governor Ali al-Ahmadi who paid an inspection
visit to the block, the company's technical manager said that digging depth in the
first
well in the block No. 7 reach 3600 M, pinning hopes that there is promising
indicators of oil and gas existence.
On the other hand, Shabwa Governor paid another inspection visit to the location of
UAE Oil Company "Midas" that is exploring oil in the block No. 8.
The location director briefed the governor on the exploring activities in the block
No. 8 in 2010.
Al-Ahmadi said that he wished that the company's work in the Yemen is an opening
for other gulf investments in the governorate in oil or other areas.
TD/AF