Loon Energy INK Exploration company is drilling an exploration well in Block 9 Lattakia contract

Loon Latakia Co. on 21/7/2011 started drilling archaeological – 1 exploration well, located in the southeast side of the Block – 9 (contract Lattakia), 35 km south east of the town Khanasser and 100 km south of the city of Aleppo, and with a final schema depth 3256 meter

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drilling the well aimed to explore the possibilities of hydrocarbon and balyozoak formations in the region, the first well drilled by the company and if results were positive, it will open the new prospects and the large-scale exploration activities and events in the area of the company.

Loon Energy INK Canadian Company , signed in 2008 with the Ministry of Oil and Mineral Resources, a contract to explore and develop oil and its production in the region / 9 / is called a Latakia contract and extends the area within the territory of the provinces of Latakia, Aleppo, Hama countries, and an area / 10039.139 / are still in the initial exploration period of the contract and will drill a well the second commitment (al-Bashaer – 1) before the end of this period.