[NYTr] Norwegion Co Reports Gas Find in Venezuela
 
Date: Sun, 8 Jul 2007 19:20:47 -0400

Via NY Transfer News Collective  *  All the News that Doesn't Fit
 
Prensa Latina, Havana
http://www.plenglish.com

Gas Found in Venezuela, Norway's Statoil Says

Caracas, Jul 9 (Prensa Latina) The Norwegian company Statoil drilled a
well in Venezuela's Deltana Platform that will produce 58 million cubic
feet a day, sources from Petroleos de Venezuela (PDVSA) reported this
weekend.

According to a press release from the state-owned company, the
13,080-feet-deep Ballena well is part of a minimum program agreed upon
to explore Block 4 of the 553-square-mile platform.

The minimum exploratory program requires the drilling of three wells,
two of which have been completed. The third one, called Orca IX, is
scheduled for completion a few months from now.

The total reserves of the northern Venezuelan region, near Trinidad and
Tobago, are estimated at ten trillion cubic feet of gas. The
exploitation of that field will turned this South American country into
a world gas-producing power.

sus jg ml

PL-16
       
                                *
================================================================
.NY Transfer News Collective    *    A Service of Blythe Systems
.          Since 1985 - Information for the Rest of Us         .
.339 Lafayette St., New York, NY 10012     http://www.blythe.org
.List Archives:   https://olm.blythe-systems.com/pipermail/nytr/
.Subscribe: https://olm.blythe-systems.com/mailman/listinfo/nytr
================================================================