VOL. XLII

No. 10

8-March-1999

ALGERIA

Lasmo To Sell Assets In Two Algerian Blocks

The British firm Lasmo has confirmed to MEES that itis planning to sell its stakes in blocks 401a and 402a in Algeria痴 BerkineBasin. Lasmo has a 13.75% interest in each block, and a company spokesman told MEES"for the right price, Lasmo would consider selling the assets."Blocks 401a and 402a are operated by the Australian firm BHP (45%), along withpartners Anadarko (27.5%) and Maersk (13.75%). According to the Lasmo...