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Calvalley Petroleum Inc. Resumes Crude Oil Shipments

Source: www.gulfoilandgas.com 3/21/2012, Location: Middle East

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Calvalley Petroleum Inc. has resumed crude oil shipments from its Block 9 central processing facility to the Company’s truck offloading facility at Block 51.

Production operations at Hiswah and Ras Nowmah have returned to normal with production estimated in the 5,100 – 5,300 barrels per day range.

Management priorities include resuming production in the Al Roidhat field, production optimization activities at Hiswah and making preparations to start the development and exploration drilling program.

Calvalley is an international oil and gas company, with offices in Calgary, Alberta, Canada, that operates its 50% working interest in Block 9 of the Masila Basin, in The Republic of Yemen and its 100% working interest in the Metema Block of the Blue Nile Basin, in The Republic of Ethiopia.

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