VOL. XLIV

No 33

13-August-2001

MOROCCO

LoneStar Suspends Morocco Drilling Amid Shareholder Recrimination

SkidmoreEnergy subsidiary Lone Star Energy (LSE) has halted drilling in its nineMoroccan blocks due to disharmony among shareholders and an inability to paykey creditors, according to Arabic and English press reports. An officialsource was cited as saying that LSE had a lack of liquidity to finance itsoffshore exploration, according to a report in al-Hayat on 18 July.Last year the Moroccan...