Compass Venture Inc T.CVI.A

Thanks MAR41

[alf15]

Thanks MAR41 ! This looks good to me. Any comments? Alf REPUBLIC OF YEMEN Yemen About PEPA Archive contact us PRODUCTION ACTIVITIES Geological Framework Oil Concession Exploration Activities Production Activities Production Blocks Activities Future Plan Investment Opportunities Oil Companies Site Map SUMMARY ABOUT THE PRODUCTIVE BLOCKS MALIK BLOCK (9) Located in Masila- Say'un basin, with area of 3530 Km2. Block(9) is operated by Calvalley Petroleum (Cyprus) Ltd.- Canadian Company. The main reservoirs in the block are (Qishn Clastic), ((Saar Sand),. The partners in the Production Sharing Agreement with the Yemeni government are CALVALLEY (46.75%), REILIANCE (17%), HOOD OIL (21.25%) and YCO (15%). In General it contains (4) fields, and will be start the production from one field on December 2005 with an average of (8,000) BOPD, and The total number of wells ware 16 until June 2005. The Block Oil is light oil with a density (40 API), and Heavy oil with a density (16 API), in addition to a big gas reserve, which is not invested nor exploited so far. 18-MARIB 14-MASILA 10-E.SHABWA 5-JANNAH 53-E.SAAR 32-HWARIM S1-DAMIS 51-E.AL-HAJR 43-S.HWARIM 9-MALIK 4-W.AYAD Home @ Copyright 2005 Republic of Yemen, Petroleum Exploration and Production Authority, All right reserved. --------------------------------------------------------------------------------