VOL. XLIII
No. 20
15-May-2000
SUDAN
Sudan Awards New EPSA In Melut Basin
Fosters Resources Ltd of Canada announced that Barbados-registered Melut Petroleum Company (MPC) in which Fosters has an 83.3% stake and the private Qatari firm Gulf Petroleum Company (GPC) have signed a new Exploration and Production Sharing Agreement (EPSA) with the Sudanese government covering exploration for oil and gas and the development of the Adar Yel oil fields in the Melut Basin in central Sudan. GPC and MPC each...
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