Dove, Larsen Look to Syrian Waters

Dove Energy  and its partner Larsen Oil and Gas are repotedly negotiating with the Syrian Petroleum Company and the Ministry of Petroleum and Mineral Resources for a license to drill exploration wells in Syrian waters.Last year Syria offered four blocks offshore Syria with a total area of 5,000 square kilometers, according to a Bloomberg report in the Houston Chronicle. Dove, which started work in Syria three years ago in partnership with Norwegian oil company DNO International ASA, will invest between $5 million and $10 million on exploration in the coming 18 months in Syria. (Source: Houston Chronicle)