Sonatrach Signs New Exploration Deals with Repsol and Agip
Algeria's nationaloil company Sonatrach signed on 20 December with Spain's Repsol Exploracion aproduction- sharing agreement covering over 4,500 sq. kms. in the Erg Issaouanearea, located in the Illizi basin some 1,150 kms. southeast of Algiers. Underthe provisions of the agreement, Repsol will undertake a seismic and explorationprogram over a six-year period with the obligation to drill...