VOL. XXXV

NO. 52

28-SEPTEMBER-1992

Algeria

Spain's CEPSA Makes Major Oil Discovery at Rhourde Yacoub

The Spanish firm Compania Espanola de Petroleos SA (Cepsa) has struck oil inBlock-406a at Rhourde Yacoub in southeast Algeria adjacent to the Tunisianborder. A company spokesman said that further appraisal is still required todetermine the size of the find which he described as a "majordiscovery". Cepsa signed a production-sharing agreement with state-ownedSonatrach in February 1988 for the 1,500...