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Survey reveals possible large oil find in Jordan
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SPECIAL TO WORLD TRIBUNE.COM
Friday, October 21, 2005
AMMAN — An area of eastern Jordan could have reserves of up to 30
million barrels of oil.
Sonoran Energy has completed a comprehensive technical study of Jordan's
Azraq block and determined that it could contain reserves of up to 30
million barrels of oil. Executives said the Azraq block, an area of 11,250
square kilometers, could comprise the largest oil find in the Hashemite
kingdom.
Sonoran Energy president Peter Rosenthal, whose company has a 60 percent
production share in Azraq, said other areas of Jordan could also contain
significant oil reserves, Middle East Newsline reported. He said the company plans to assume operations of
oil fields and enhance production.
"Not only do we believe the Azraq block contains oil reserves upwards of
30 million barrels, we believe there is an opportunity for the discovery of
new structures that could add significantly to the resource potential,"
Rosenthal said.
Copyright © 2005 East West
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