Oil, gas exploration deal.Gold Oil Plc shares had their biggest gain in 10 months after the UK company said Cuba's National Office of Mineral Resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature gave it permission to explore for oil and gas, reports Bloomberg (June 23, 2007). Gold Oil has been given permission to run exploration wells "both onshore on·shore adj. 1. Moving or directed toward the shore: an onshore wind. 2. Located on the shore: an onshore beacon; an onshore patrol. adv. and in the territorial waters territorial waters: see waters, territorial. territorial waters Waters under the sovereign jurisdiction of a nation or state, including both marginal sea and inland waters. offshore Cuba up to a water depth of 100 meters," the company said. Surrey Surrey, county (1991 pop. 997,000), 653 sq mi (1,691 sq km), SE England. The county seat is Guildford. The North Downs cross the county from east to west. To the north the land slopes gently downward to the Thames, into which flow the Wey and the Mole, Surrey's , south England-based Gold Oil has started talks with Cubapetroleo, Cuba's state oil company, on "a number of targeted" areas, it said. |
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