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Thursday, March 24, 2011     GET REAL

Syria presses search for oil as production declines

WASHINGTON — Syria, amid unprecedented unrest, has continued its search for energy to reverse a decline in oil production.


A Canadian firm has reported new crude oil and natural gas reserves in northwestern Syria. The Calgary-based Kulczyk Oil Ventures said its Block 9 could contain up to 135 million barrels of oil and 101 billion cubic feet of gas.

Kulczyk, with a 45 percent interest in Block 9, reported results of a three-dimensional seismic survey.

The company intends to drill up to 3.2 kilometers in the Itheria-1 prospect, expected to be spudded in June.

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Neither Kulczyk nor its partners in Block 9, which covers 2.48 million acres, reported any delays because of the growing opposition to the regime of President Bashar Assad.

Syria, in cooperation with Iran, has sought to halt a steady decline in oil production.

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