International Petroleum to Drill Third Development Well in BukhaConcession
International Petroleum Corporation (IPC) is shortly planning to drill athird development well in the 630-sq. km. offshore concession off Bukha inOman's Musandam Peninsula which it acquired in February 1985, after it was relinquished by Elf-Aquitaine. Last year IPC discoveredcommercialquantities of gas and condensate in its West Bukha well No. 2, some eight milesfrom the town of Bukha,...