Area Drilling

06/05/2000
AlbaniaThe government ended force majeure on two of three blocks operated by Occidental International Exploration & Production Co., said Lundin Oil AB, Stockholm. Block A remains under force majeure, lifted on Blocks 2 and 3. The blocks, awarded in June 1998, have been in force majeure since December 1998.Drilling target is fourth quarter 2000 on the Shpiragu prospect, formerly Sqepuri, on Block 2. It is a subthrust structural feature with over 3,000 m of vertical closure. The partners have identified several additional large leads on existing seismic and Landsat images, Lundin said.The blocks are located within and on trend with Albania's known petroleum system, where an estimated 1 ...
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