The new seismic acquired in 1998 have now been interpreted and provide improved and encouraging definition of the Tasour structure, which was penetrated by the Tasour 1 well late1997. The Tasour 1 well tested 4.800 bbl oil pr day from this structure.
The work programme for 1999 includes drilling of 3 new wells. The two first wells will be drilled on the Tasour structure with the primary objective to appraise the Tasour 1 discovery. One well will also be testing for oil in deeper reservoir layers.
If this drilling programme proves commercial volumes of oil, a development could commence already in 1999. Oil developments Onshore Yemen should be profitable at oil price below USD 10 pr. bbl.
The Block 32 Partners are:
DNO ASA (Operator - 20 %)
Ansan Wikfs (Hadramaut) Limited (45.19 %)
Norsk Hydro Yemen AS (25 %)
Transglobe Energy Corporation (9.81 %)