VOL. XXXIII

NO. 39

2-JULY-1990

Egypt

Conoco to Sell Western Desert Holdings to Repsol

Conoco and Spain's Repsol Exploracion have reached a tentative agreement onthe sale of Conoco's producing and exploration interests in Egypt's WesternDesert to Repsol, subject to the approval of the Egyptian and Spanish governments and the preemptive rights of Conoco's partners in the interests concerned,for which Conoco was reportedly seeking a $200mn package deal (for a listingof these interests, see MEES, 30...