KUWAIT

KPC's Subsidiary Santa Fe Minerals (UK) Acquires Stake in Irish Concession 

Santa Fe Minerals (UK) - a subsidiary of the Kuwait Petroleum Corporation (KPC) has acquired an 18.8% equity interest in an onshore concession in Ireland's North West Carboniferous basin. The acreage is mainly in Northern Ireland but extends to part of the Irish Republic. Santa Fe's acquisition was made in a farm out from the Northern Irish oil group North West Oil and Gas.