Project Profile
Value: Undisclosed
Location: Onshore in Dhahirah in the northeast of Oman
Reserves: unknown
Area: 11,967sq km
Start-up Year: -
MOL Plc has increased its stake in Oman\'s oil Block-43B to 100% by acquiring a 25% stake of Mari Petroleum Company Ltd (MPCL). The company said that the drilling of the first exploration well is under way in Block-43B and results are expected in the third quarter of 2013. The transactions are subject to the approval of Oman and Pakistani governments. Block-43B, which was taken by MOL in 2006, is located onshore in Dhahirah in the northeast of Oman and covers an area of 11,967sq km.
Operator:
MOL Plc: Operator with 100% interest