VOL. XLII
No 47
22-November-1999
ALGERIA
Arco Farms Out 25% Of Hassi Bir Rekaiz Concession To SantaCatalina L. H. Lundin
Atlantic Richfield Company (Arco) entered into an agreementon 26 October with Santa Catalina L. H. Lundin (Algeria) Ltd., a wholly-ownedsubsidiary of Canada痴 Santa Catalina Mining Corp., to sell 25% of Arco痴 75%interest in the Hassi Bir Rekaiz oil concession in eastern Algeria to theVancouver-based company. The terms of the sale, which is subject to approval bythe Algerian...
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