Dec 4, 2007

Loon Energy application for Syrian block ratified

Loon Energy says that the parliamentary ratification of the Contract for the Exploration, Development and Production of Petroleum with the Government of the Syrian Arab Republic, represented by the Ministry of Petroleum and Mineral Resources and the Syrian Petroleum Company for Block 9, was accepted and signed by the President of Syria. The Block 9 PSC has come into effect under Law 27 with an effective date of November 29th 2007. For more details see here.

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