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bobobob5 - Thu, 21 Dec 06 :

Spangle93: the largest non-GPX/EEN field in Block 26 is at the upper level, and contains 2 billion barrels recoverable. It accounts for most of Syria's total oil reserves, which currently stand at 2.4 billion barrels 'Proven'. Our Block 26 asset potentially contains between 2 and 3.7 billion barrels recoverable, from the 31 identified leads, but of course it could be less (or indeed, more) than that. Block 26 is hugely significant to the Syrian government. Between 1991 and 1999, the number of oil companies operating in Syria fell from 14 to just 3. bob

imho DYOr etc


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