VOL. XLIV

No. 21

21-May-2001

MAURITANIA

Australias Woodside Announces Oil Discovery Offshore Mauritania

Australias Woodside Petroleum Ltd the operator of the production-sharing concession covering Area B in the Mauritanian offshore announced on 16 May that the first exploration well, Chinguetti-1, had encountered oil bearing sands over an 86ms gross interval. Woodside holds a 35% interest in Area B, covering blocks 4 and 5, together with Eni (35%), Australias Hardman Resources (18.6%), Fusion...