Kulczyk Oil Postpones Drilling in Syria’s Block 9, Korczak Says

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Kulczyk Oil Ventures Inc. postponed drilling in Syria’s Block 9 to the third quarter, according to an executive at the exploration company controlled by Polish billionaire Jan Kulczyk.

Exploration is due “to commence early in the third quarter,” Jakub Korczak, vice president for investor relations at the Warsaw-listed company, said in response to e-mailed questions. He didn’t say whether the delay was due to violent unrest that has engulfed Syria since mid-March.