VOL. XLV
No 24
17-June-2002
KUWAIT
KUFPECAnnounces Oil Find Offshore Western Australia
TheKuwait Foreign Petroleum Exploration Company (KUFPEC) a wholly-ownedsubsidiary of the state-owned Kuwait Petroleum Corporation (KPC) announced on20 May the discovery of light crude in commercial quantities in explorationwell Exeter-2 in the WA-191-P concession offshore Western Australia. Astatement said plans were under way to develop the well. KUFPEC has a 33.4%stake in the concession, with the remaining...
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