VOL. XXXI

NO. 46

22-AUGUST-1988

LIBYA

Deminex Reduces Acreage in Libya

According to the 1987 Annual Report published by the West German groupDeutsche Erdolversorgungsgesellschaft mbH (Deminex), the firm has relinquishedall its Libyan concession holdings except the NC 107 onshore bloc and the NC110 offshore Sirte block, with total acreage in both areas at around 3,000 sq.kms. Under the June 1980 exploration agreement, Deminex held a 100% interest infive onshore blocs (NC 105, NC 111, NC 15, NC 106...