Somaliland: Government Signs 1.8 Million Deal with Yemeni Owned ANSAN WIKFS (Hadramaut)

Hargeisa, 22 Dec 2013 (SDN) -Somaliland government has signed a deal $1.8 Million with ANSAN WIKFS (Hadramaut) Limited (Ansan) a privately held company which provides oil and mineral resources.
The Yemeni owned company is engaged in various activities which include exploration, acquisition, development and operation of petroleum and mineral properties in several countries around the world.
The Minister of Energy and Minerals Hon Hussein Abdi Du’ale and Mr. Hashiim Al Malak the vice chairman ANSAN WIKFS signed the oil exploration agreement at a ceremony which took place at the ministry of Energy and minerals headquarters and which now paves the way for ANSAN to explore oil in blocks 14, 19 located in the eastern region of Somaliland.
Mr. Hashiim Al Malak the vice chairman speaking during the signing ceremony said , “ANSAN WIKFS (Hadramaut) Limited (Ansan) acts through its wholly owned subsidiaries as an active license partner and operator for carrying out exploration and production and that the company will deploy state of the arts equipment in their oil exploration activities,”.
ANSAN WIKFS (Hadramaut) Limited owns oil and mineral assets in the Yemen and Sudan. In addition, the company is also engaged in exploration of gold and associated metals and minerals in Sudan. Recently, the company signed a Prospecting Permit for Tantalum, Copper and Nickel Gold, Base and Rare Metals with Geological Survey of Mineral Resources Board Yemen. Ansan is headquartered in Sanaa, Yemen.
Also present at the signing ceremony were the Minister of Transport and Housing Hon Abdirizaq Khaliif and the chairman of the house standing committee on natural resources Said Mohamed Elmi to name a few.