Syrian Oil and Gaz News

During a meeting with Oil Minister .. Color Energy confirms its readiness to improve the terms offered for Block 3 and made 150 thousand dollars to the province of tenderness for the purchase of two ambulances

Color Energy Canadian Company heightened continuing work in Syria and its readiness to improve the conditions of the offer submitted by them for Block No. 3 declared in the international tender for oil exploration, development and production in eight blocks, covering about 40 percent of the area of Syria announced by the Oil Ministry and the General Organization of Petroleum in March 2010.

 

 

This came during a meeting with Eng. Sufian Allaw Minister of Oil and Mineral Resources with the President of the color of Energy, Mr. Tim Elliott and the accompanying delegation and discussed ways to develop the relationship between the two sides.

The company introduced during the meeting, a technical report on its work in the contract of Latakia that extends from the Syrian coast to Khanasser Aleppo, saying it will begin drilling two wells during the month from now is the first is north-west of the peaceful area near Sheikh Helal and identifies the location of the well the second based on geological and geophysical studies conducted by the company in the region.

Supported by oil companies for projects in the areas of social work has provided the company $ 150 thousand U.S. dollars will be allocated to the province of tenderness for the purchase of two ambulances equipped with the latest emergency equipment.

The company color of Energy signed in 2008 with the Ministry of Oil and Mineral Resources, a contract to explore for and develop oil and its production in the region / 9 / is called a Latakia contract and extends this region within the territory of the provinces of Latakia, Aleppo, Hama, Idlib with area of an area / 10039.139 /
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