Oil Search to Suspend Al Meashar Well for Future Production

Oil Search reported that the Al Meashar-2 well in Block 7, Yemen, which was an appraisal well of the Al Meashar-1 oil discovery, has been suspended as a potential future producer, pending evaluation of the well results.

During the week, testing was completed, the well suspended and the rig was released.

The participants in Block 7 are:

  • Oil Search (ROY) Ltd 34%, Operator.
  • Kuwait Foreign Petroleum Exploration Co. (Aden) Ltd 21.25%
  • ARC Energy Holdings Ltd 21.25%
  • Mitsui Exploration & Production Middle East B.V 8.5%
  • Yemen General Corporation for Oil and Gas 15%
  • Total 100%

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