VOL. XLII

No. 11

15-March-1999

ALGERIA

Spain痴 Cepsa Signs Study Agreement For Exploration AcreageIn Southwestern Algeria

The Spanish firm Cepsa has announced that it has reachedagreement with Sonatrach to conduct studies to evaluate the potential of eightblocks covering 60,000 square kms. in the Timimoun basin in southwesternAlgeria. The company said in a press release that it will conduct extensivegeological and geophysical research, as well as seismic surveys and appraisaldrilling. Pending the...