DGH cancels Canada study tour

Vol 11, PW 13 (01 Nov 07) News in Brief
     

DGH officials cancelled a trip to Canada at the last moment this month to study the country’s â€کopen acreage’ system.

“Initially there was uncertainty on the launch date of NELP–VII,â€‌ reveals a source. “But now the Reliance (gas pricing) issue has been cleared up everybody at the DGH is getting down to preparing for NELP-VII.

That’s why the visit to Canada was postponed.â€‌ Responding to growing international pressure, PETROWATCH learns the DGH was planning to send teams to Canada, UK, Norway and Brazil for a better understanding of their approach to the â€کopen acreage’ system of awarding exploration licences.

Canada, in particular, is evoking much interest. “Canadian authorities offer acreage every week or every fortnight,â€‌ says a DGH source.

“They have immense amounts of data on all the basins of their country.â€‌ CGG, Landmark and Schlumberger are the most widely known global specialists with software to set up a Data Repository.

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