Sharjah

Oct. 13, 2005
Sky Petroleum Inc., Austin, said agreement is reached on the first two infill well locations to be drilled late this year or in early 2006 in Mubarek oil and gas field in the Persian Gulf off the United Arab Emirates.

By OGJ editors

HOUSTON, Oct. 13 -- Sky Petroleum Inc., Austin, said agreement is reached on the first two infill well locations to be drilled late this year or in early 2006 in Mubarek oil and gas field in the Persian Gulf off the United Arab Emirates.

Field operator is Buttes Gas & Oil Co. International Inc., a subsidiary of Sharjah's Crescent Petroleum Co. International Ltd. The wells will target the Upper Cretaceous Ilam/Mishrif reservoir at 13,000-14,000 ft (OGJ Online, June 14, 2005).