VOL. XLVI

No 29

21-July-2003

ALGERIA

Algeria/Tunisia JV Signs Reconnaissance Contract For Illizi Blocks 202a, 220b

Sonatrach announced on 7 July that it had signed a reconnaissance contract with Algerian-Tunisian joint venture company Numhyd for Blocks 202a and 220b in the Illizi Basin. The blocks cover an area of 2,473 sq km and are known for their high gas potential. The $8mn work program will cover geological and geophysical studies, seismic processing and reprocessing and the acquisition of...