VOL. XXXIV

NO. 38

24-JUNE-1991

Bahrain

Harken Energy Awards Drilling Contract to German Firm

Harken Energy Corporation has awarded a contract to the German firm DeutagDrilling to carry out the drilling of Harken's first wildcat in Bahrain'sterritorial waters off the Fasht al-Jarim reef. Under the contract - whose valuehas not been disclosed but reportedly represents a significant amount of thewell's estimated $7mn completion cost - Deutag will supply the equipment andcarry out the drilling work on...