VOL. XLIII

No. 45

6-November-2000

MAURITANIA

Dana Oil Farms Out To Australias Woodside In Offshore Block

Dana Petroleum of the UK and its partner Hardman Resources of Australia announced on 24 October the signing of a farm-in agreement under which Australias Woodside Mauritania will acquire an interest in the Production Sharing Contract (PSC) covering Mauritanias offshore Block 7. The agreement provides for Woodside to earn a 35% interest in the PSC from Dana and Hardman in exchange for a series...