VOL. XLVII

No 08

23-February-2004

CASPIAN

Nelson Resources Completes Acquisition Of 50% Stake In North Buzachi Oilfield

Canadas Nelson Resources announced on 3 February that it had completed its purchase of 50% of Kazakhstans North Buzachi oilfield from CNPC International (CNPCI), an affiliate of the China National Petroleum Company. In December Nelson Resources announced that it had entered into an agreement with CNPCI to purchase a share in the oilfield in two tranches (MEES, 15 December 2003)....