VOL. XLV

No 47

25-November-2002

ALGERIA

KUFPEC Farms Into Anadarkos BerkineBasin Block 406B

Kuwait Foreign Petroleum Exploration Company (KUFPEC) has agreed to take a 40% interest in Anadarkos Berkine Basin block 406b, according to Anadarko. The US independent, which was awarded the block in late 2001, held 100% prior to the farm-in agreement and will retain operatorship of the block (MEES,8 October 2001). Anadarko is carrying out 2D seismic work and plans to drill its first exploration wells...