VOL. XXXV
NO. 12/13
23/30-DECEMBER-1991
Morocco
Moroccan Offshore Acreage for Ashland
The state-owned Office National de Recherches etd'Exploitations Petrolieres (ONAREP) reached an agreement in principle on 3December with the US firm Ashland Exploration Inc., a subsidiary of AshlandOil Inc., to explore for oil on approximately 1.3mn acres offshore Agadir inthe Atlantic Ocean. Ashland Exploration will serve as operator and hold a 50%interest in the exploration venture with Santa Fe Energy...
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