VOL. XXXI

NO. 37

20-JUNE-1988

SOUTH YEMEN

YEPCO/IPG Spud Second Onshore Well in Balhaf Concession

The Yemen Exploration Petroleum Company (YEPCO), which in October 1987acquired a 50% equity interest in the Kuwaiti Independent Petroleum Group'sBalhaf concession in South Yemen and is acting as operator (see MEES, 26 October1987), on 6 June spudded a well in the northern part of the concession. Drillingis expected to take 2-3 months to complete. YEPCO is a ChannelIslands-registered firm fully...