5 MARCH 1990
Petrofina/Arco to Drill First Exploratory Well in April
Belgium's Petrofina and Arco of the US which together hold a 11,500-sq. km.production sharing concession in the al-Bazil plateau in northeast Jordan - areplanning to spud their first exploration well in April, having completed initialexploratory work in the area. The production sharing agreement, which wassigned with Petrofina in March 1987 - and in which Arco acquired a 50% interestat the beginning of...