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O.J. Simpson's ex-girlfriend says he threatened her, compared her to Nicole
HOUSTON, Feb. 20 (UPI) -- The Sri Lankan government announced plans for a road show to highlight the prospects for 13 blocks to be auctioned next month.
Sri Lanka's Petroleum Resources Development Secretariat enlisted analysis company IHS to help court investors. Exhibits are planned for Houston, London and Singapore.
IHS said the blocks cover about 927 square miles in areas ranging from the shallow waters in the Palk Straight to ultra-deep waters in the Gulf of Mannar.
The company said there have been few oil or gas discoveries in the region, though similar basins in Indian waters are considered significant sources of oil and natural gas.
The CIA World Factbook states that Sri Lanka doesn't produce oil or natural gas. Last year, it imported 41,000 barrels of oil per day.
The World Bank says the country's economy is recovering from a 26-year war that ended in 2009. In 2011, the country recorded the fastest economic growth rate in South Asia and boasted a 7.2 percent growth rate during the first half of 2012.
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The reported delivery of supersonic Russian anti-ship missiles to Syria heightened Israeli concerns about protecting its offshore gas fields.
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Raytheon has received approval from the U.S. Defense Acquisition Board for full-rate production of the Standard Missile-6.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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