Almotamar Net - Oracle Energy Corp. announced today that it has been notified by Block 22 operator Yemen Mayfair Petroleum Corp. (YMPC) that good progress has been made on the drilling of the Beta-1 well. As of Sunday morning, November 6, 2005, a total depth of 1518 metres was reached and logs were run. Currently 9 5/8"casing is being set prior to commencement of drilling the prospective section down to 2500 metres. The well is designed to test the hydrocarbon potential of Upper Miocene reservoirs.
Oracle Energy Corp. holds a 15% participating interest in Block 22. Principals of YMPC were instrumental in the discovery of Yemen's first giant oil field in the mid-1980's, located in the Marib basin. Block 22, was awarded to YMPC in 1993. It encompasses 8,151 square kilometers within the Tihama Basin in the western region of the Republic of Yemen.
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A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.