Norway's Statoil made a promising discovery in the Falk structure on ProdTGS-NOPEC. Geophysical Co. is undertaking a new combined non-exclusive contract to shoot a 2-D survey offshore Malta.
The planned 5,580-mile survey will provide the oil industry with a modern set of data covering some of the deep trenches in the Sicily Channel as well as most of Malta's continental shelf.
A 620-mile contract survey covering Hardman Resources' License Area 3, Blocks 4 and 5, will be incorporated in TGS-NOPEC'S operations. First data from this new survey will be available during the first quarter of 2001.
© 2000 Mena Report (www.menareport.com)