Altinex Spuds Second Well Onshore Oman

Friday, February 23, 2007

Altinex has, with EnCana as operator, spudded the Maeen-1 well in an onshore exploration campaign in Blocks 3 & 4 in Oman.

The well Maeen-1 is being drilled on a prospect located in the south-western part of Block 4, approximately 450 km south west of the Oman capital Muscat.

The well is expected to last 36 days, and is the second Encana/Altinex well in the area. Altinex has 50% equity in the blocks.




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