No. 22



RSO Outlines Development Plan For NC177 In Libya

The Canadian firm Red Sea Oil Corporation (RSO) hasannounced the details of its development plan for the En Naga West and Northfields in block NC177 located in Libyas Sirte Basin. According to a companystatement, the development plan was submitted by RSO (operator, 60%) in Marchto the Libyan authorities, but has yet to be approved. The plan consists ofthree phases to fully develop the En Naga fields, whose proven...