OSLO (AFX) - - DNO ASA said its joint venture group has been awarded a new exploration licence in Yemen following the latest bid round.
The Norwegian oil explorer said the award concerns block 84, which covers 731 sq km and is located in the Masila Basin, adjacent to the Canadian Nexen (nyse: NXY - news - people ) Masila Block, where more than one bln barrels of oil have already been discovered.
DNO will be operator of the block with a 34 pct stake, while its partners will be TG Holdings Yemen Inc with 33 pct, and Ansan Wikfs (Hadramaut) Ltd with 33 pct.
DNO said it plans to carry out a 3-D seismic program and the drilling of four exploration wells during the first exploration period of 42 months.
The latest award takes DNO's interests in Yemen to seven blocks
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.