Avana, EAX to explore the Seychelles

Dec. 18, 2008
Avana Petroleum and Dubai-based East African Exploration (EAX) have signed a production agreement with Seychelles Government to search for oil off the Seychelles coast.

Offshore staff

DUBAI -- Avana Petroleum and Dubai-based East African Exploration (EAX) have signed a production agreement with Seychelles Government to search for oil off the Seychelles coast.

The companies have selected 15,000 sq km (5,792 sq mi) in three tranches that it believes include a series of high potential drilling targets.

12/18/2008