Figure (Exploration
Blocks) illustrates the location, number, name and area of all
the exploration acreage . Blocks 3 and 5 are awarded to Texana Resources
Company, Houston, USA . The company has completed geological studies.
it has planned to start seismic survey in th 4th quarter of 2001, but
due to security situation in the country, force majuere clause of the
Petroleum Agreement has been used by the Company since 2005 and still
continues.
The Blocks 1, 2,
4, 6 and 7 has been recently awarded to Cairn Energy PLC. an independent
British oil company. The company has submitted Work Program and Budget
for contract year one ( 11 August 2004 to 10 August 2005 ) and has commenced
its operational activities as per the planned progrmas.
The remaining 3 Exploration
Blocks ( No. 8, 9 and 10 ) are open and will be on offer in the next bidding
round to be announced in the near future. |