OIL

Disappointing result at Masirah

LIME Petroleum's jointly controlled Masirah Oil has been forced to suspend its Masirah North North #1 well in Block 50 in Oman, due to safety reasons.

The MNN#1 well encountered mud losses in two carbonate sections, preventing it from reaching its target depth, while comprehensive data acquisition, coring and logging programs turned up the presence of...

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