SHABWA, March 15 (Saba) - The Australian Oil Search Company is to present next Wednesday a full report on the final findings in the block No. 7, the technical manager of the company said on Monday.

During his meeting with the Shabwa Governor Ali al-Ahmadi who paid an inspection visit to the block, the company's technical manager said that digging depth in the first well in the block No. 7 reach 3600 M, pinning hopes that there is promising indicators of oil and gas existence.

On the other hand, Shabwa Governor paid another inspection visit to the location of UAE Oil Company "Midas" that is exploring oil in the block No. 8.

The location director briefed the governor on the exploring activities in the block No. 8 in 2010.

Al-Ahmadi said that he wished that the company's work in the Yemen is an opening for other gulf investments in the governorate in oil or other areas.

TD/AF