Yemen signs exploration MoU with Calvalley

Dec 12, 1996 01:00 AM

Yemen has signed two oil exploration MoU's with Canadian Calvalley Petroleum. One MoU is for oil exploration in sector nine between Shabwa and Hadramout provinces and the other is for exploration in sector 39 in Mahra province. No further details were given. The memoranda still have to be approved by the government to become official agreements.

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