The primary targets of the well are sandstones of Ordivician age and it will test a large structure with four-way dip closure defined by 3D seismic.
Itheria-1, which is being operated by Loon Latakia, is the first exploration well on Block 9 and its planned total depth is 3,256m.
MENA will fund 60% of the costs for the drilling of Itheria-1 with Triton Petroleum and Loon Latakia each paying 20% of the remaining costs.
Block 9, located on the north western flank of the Palmyrides Basin, comprises 10,032 sq km and is prospective for crude oil, natural gas and condensate.
MENA holds a 30% participating interest in a Syrian concession for the exclusive right to explore Block 9.
The company said the concession is for an initial exploration period of four years, which may be extended for up to five years subject to the satisfaction of certain conditions.
