EnCana celebrates official launch New Canadian oil company in Yemen [Archives:2002/45/Local News]
November 4 2002
The opening ceremony hosted businessmen, diplomats, ambassadors and investors to discuss their views and exchange ideas regarding oil business in Yemen.
The Canadian ambassador to Yemen, Nelcyn MacDonald, said “We are very excited about the future of oil and gas relations between Canada and Yemen.”
He said the company is happy to be another Canadian oil firm in Yemen, and a meeting with president Saleh was very positive. “He was very encouraging to EnCana and to Canada in general. We discussed many issues related to the investments opportunities,” said MacDonald.
General manager of the EnCana, Paul S. Carr, said EnCana operates two blocks in Yemen at this time and its hopes to grow up business.””There is no impact of the Limburg incident on our business in Yemen,” he said.
Gerry Macey, president of Offshore & New Ventures Exploration, said “We are celebrating the opening of the office and we are thankful to the authorities in Yemen for offering all the facilities and a good reception.”About the plans of the company said Macey, “We already have two blocks and we will do seismic surveys by the border with Saudi Arabia, Block 60 against the frontier. Our program is about 25 % underway.
“We already drilled a well in Block 47 in Hadramout and by February of this year it will be ready. Sometime in 2003 we will have a well results.”
He also said the company needs a “stable environment as much as possible and the environment here is very supportive.”Danna Coffield, vice-president of Middle East Exploration, said while the Limburg blast increases risks, “the incident has no specific impacts on our business.
“We were very excited to have the opportunity to meet with the Yemeni president yesterday. We discussed our ambitions in the country. We have two blocks and we hope getting more opportunities in the future.
“The president was very supportive and in general it was very positive meeting,” Coffield added.
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