Canada's Energy Exploration Technologies has reported the commencement of its Stress Field Detector (SFD) technology evaluation program in the Middle East.
NXT plans to conduct a series of SFD evaluation surveys in the region in cooperation with local Ministries and National Oil Companies with the objectives of gaining approval of the SFD technology as a viable exploration tool for locating hydrocarbon bearing structures and jointly explore and develop the countries' oil and gas resources.
Energy Exploration Technologies also announces that NXT and the Ministry of Oil and Mineral Resources of Syria and the Syrian Petroleum Company (SPC) have signed an agreement enabling NXT to conduct its first SFD technology evaluation survey in the Middle East. The SFD survey will be conducted over areas controlled by SPC. As a result, NXT is mobilizing its survey crew and aircraft from Calgary, Canada and expects them to be in Syria before March 12, 2004. The invitation from the Ministry states that all clearances have been received and the surveys can commence upon the arrival of the aircraft and crew.
There are a number of countries that have invited NXT to conduct SFD technology evaluation surveys in the Middle East, Africa and India. NXT decided to focus on the Middle East region and anticipates that it will take about six weeks to conclude three SFD evaluation surveys. It plans to resume its survey operations in Canada by May 2004. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
