Emerald holds a 50% working interest in the contract for exploration and production for Block 26, Syria, through SNG Overseas Ltd, a 100% owned subsidiary. The operator of Block 26 and holder of the remaining 50% is Gulfsands Petroleum Plc.
Alastair Beardsall, Emerald's Chairman, said:
'Souedieh North No.1 is the first of several exploration wells planned to be drilled before August 2007 and marks the start of an exciting Block 26 exploration drilling campaign.'
Most Popular Articles
From the Career Center
Jobs that may interest you