VOL XXVIII

NO.26

8-APRIL-1985

TUNISIA

Santa Fe and Aberford to Explore Offshore

Santa Fe Energy Co. and Aberford Resources have signed an agreement with the state-owned Entreprise Tunisienne d'Activites Petrolieres (ETAP) to explore a 3,808-sq. km. offshore permit in the Gulf of Gabes east of Mahdia. Santa Fe and Aberford - which have shares of 36.75% and 12.25% respectively, with ETAP holding 51% - will undertake exploration in the permit at their own risk, with ETAP participating in the event of...