Scimitar Hydrocarbons investing in Pakistan: Scimitar Hydrocarbons and the heavy oil industry.

From: Economic Review | Date: April 1, 2002 | Copyright information

Scimitar Hydrocarbons is an emerging Junior Canadian Oil and Gas Company with operations in Egypt and Pakistan. The company's business model is to acquire properties with exciting discoveries and enhance value by applying Canadian development and production technology. As a small company with low overheads, Scimitar targets discoveries made by larger companies that were deemed to be marginal and abandoned, some of which with further investment prove to be larger and more attractive than initially estimated.

The company was restructured in 1998 at which time its exploration ...

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