Oil report Encana has good results [Archives:2003/02/Local News]

Twenty per cent of Encana’s program in seismic surveys and gathering information in Oil Block 60 have been accomplished.
Encana is a Canadian company operating in oil exploration in the Yemeni-Saudi borders.
During a meeting with Abdulqader Ali Helal, the governor of Hadhramout, Pull Carr, the general manager of the company, indicated that results gained by the company are encouraging.
The governor of Hadhramout was informed of the positive results gained by the company in Block 47, where an oil field rig is going to be finished within two months.
A road has been built to that block.
Pull pointed out that his company hopes to get oil concessions in new blocks in Yemen.
The governor was informed also of the company’s activities in the Middle East where the Ban Canadian Energy and Albert Energy are to be integrated.
The capitals of this oil company have been estimated at USD 20 billion.

——
[archive-e:02-v:2003-y:2003-d:2003-01-13-p:./2003/iss02/ln.htm]