In Yemen, the company had interests in four blocks, including Block 14 Masila with partners Nexen and Occidental Petroleum, where production peaked at 235,000 BOPD and cumulative production exceeded 1.1 billion barrels. The company ceased operations in Yemen when its license expired in 2012, and divested its Nigerian operations in 2011/ 2012.
CC Energy Ltd was set up as an operating vehicle in late 2007 to exploit the company’s recently acquired operated interests in Blocks 3 & 4 in Oman, and to put in place a highly experienced management team dedicated to growing a sustainable and diversified oil & gas company with differentiated capabilities.
