EnCana Awarded Interest in Block 5 Offshore Bahrain

Bahrain has awarded EnCana a 50% stake in Block 5 offshore Bahrain. According to a ministry statement, EnCana officials met Oil Minister Sheikh Isa bin Ali al-Khalifa in the capital Manama to review plans to drill for oil and gas in eastern Bahrain. The statement did not say when the stake was awarded. It said Chevron Texaco holds the remaining 50 percent.