VOL. XXXI

NO. 17

1-FEBRUARY-1988

SOUTH YEMEN

Britoil and Lasmo Acquire Interests in Elf Concession in South Yemen

Elf Aquitaine Petroleum (EAP), a subsidiary of France's Elf-Aquitaine, hassold two equity interests amounting to 50% of its holdings in its 19,374-sq. km.onshore-offshore production-sharing concession in the Aden-Abayan area in thesouthwest region of South Yemen. The shares were sold to the British independentexploration firm Britoil, which acquired a 30% interest, and to London and...