On 14 October 2017, ARA Petroleum, a subsidiary of the Omani Zubair Corp, signed an Exploration & Production Sharing Agreement (EPSA) with the Omani Government for Block 31 (Suneinah North). The onshore block (8,526 sq km) is located in northern Oman, around 200km SW of Muscat. <P />The block has been awarded following the country's 2016 Licensing Round, which was launched in October 2016 and closed in February 2017. It was among a total of four blocks on offer, which are located in different parts of the country. <P />Block 31 is largely unexplored, with only five wells having been drilled within the block boundaries. So far there are no discoveries, however oil and/or gas shows have been reported in several wells. The last well, Wadi Jiffra A1, was drilled by RAK Petroleum in 2011. It reached a TD of 3,250m and is believed to have encountered gas shows. It is understood that tight gas is the predominant play within the block and that there are currently four mapped prospects.<P />ARA Petroleum operates the acreage with a 100% interest.
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