Report summaryIn 2001, Pioneer Natural Resources discovered the Olowi oil field with the first exploration well it drilled on the Olowi Block. In 2004, a development licence was carved out from the original exploration acreage.Pioneer divested its interest in the licence to Canadian Natural Resources (CNR) in 2005. The remaining part of the exploration acreage was awarded to Sterling Energy as part of the Ibekelia technical exploration agreement.CNR began development drilling on Olowi in mid-2008, and ...
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