VOL. XLII
No. 38
20-September-1999
ALGERIA
Elf Farms Into Arco痴 Rhourde El Baguel
Elf Hydrocarbures Algerie, a subsidiary of the French firmElf Aquitaine, has signed a farm-in agreement with Arco El Djazair, asubsidiary of Los Angeles-based Atlantic Richfield Company (Arco), for theacquisition of a 40% interest in Arco痴 stake in the Rhourde El Baguel field inAlgeria. Under the original 1996 production sharing agreement (MEES, 19February 1996), Arco holds a 49% stake in the field, while Sonatrach...
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