Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Saunders who wrote (9390)	11/17/2002 2:38:33 PM
From: LARRY LARSON	Read Replies (1) of 24936

Reuters Qatar in oil, gas deal with Talisman Sunday November 17, 2:21 pm ET DOHA, Nov 17 (Reuters) - State-run Qatar Petroleum said Sunday it signed an oil and gas exploration and production sharing agreement (EPSA) with Canada's Talisman Energy Inc. (Toronto:TLM.TO - News). ADVERTISEMENT "Talisman will initially invest $30 million to conduct two-dimensional and three-dimensional seismic surveys and drill exploration wells to find oil and gas," Energy Minister Abdullah bin Hamad al-Attiyah said after signing the agreement. The 3,174-sq-km (1,226 sq mile) offshore block 10 is located southeast of the Gulf Arab state's Al Shaheen oilfield and east of North Field -- the world's largest single concentration of natural gas with proven reserves exceeding 900 trillion cubic feet. Attiyah told reporters the agreement was part of a series of EPSAs that Qatar Petroleum had signed with several international oil companies in recent years to raise Qatar's oil production capacity to 1.05 million barrels per day. Qatar, a member of the Organisation of Petroleum Exporting Countries, currently has a production capacity of 854,000 barrels per day and an OPEC quota of 562,000 bpd

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next