TransGlobe Energy begins Tasour drilling program in Yemen
TransGlobe Energy Corporation has reported the start of drilling the Tasour #11 well on Block 32 in the Republic of Yemen. The Tasour field has produced in excess of 12 million barrels of oil to date. Production during September 2003 has averaged approximately 17,200 barrels of oil per day (bpd).
Drilling commenced on September 20, 2003, to develop the western extension of the Tasour field defined by Tasour #10. It is expected that the well will be completed by mid-October and, if successful, production could commence immediately.
Trans Globe is anticipating that development of the An Nagyah discovery of Block S-1 in Yemen will proceed and be completed during 2004. This development could equal or exceed the company's current Yemen production level.
In addition to planned production increases in Canada and Yemen, the company is actively evaluating several new international exploration/production opportunities with the goal of adding a new project in 2004. — (menareport.com)
© 2003 Mena Report (www.menareport.com)